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9. Holly Limited estimated that it would receive future cash flows from the use of its equipment as follows. End of year 1 $25 000.

9. Holly Limited estimated that it would receive future cash flows from the use of its equipment as follows. End of year 1 $25 000. End of year 2 $40 000. End of year 3 $15 000. The discount rate was determined as 5%. The value in use of the equipment is:

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