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California Ltd wants to calculate the value-in-use of its machinery. It estimated the discount rate to be 9% and the following future cash flows: End

California Ltd wants to calculate the value-in-use of its machinery. It estimated the discount rate to be 9% and the following future cash flows:

End of year 1 $45 000
End of year 2 $35 000
End of year 3 $25 000

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