Carla Vista Company owns a specialized piece of equipment used in its manufacturing process. Carla Vista needs to determine the

asset's value in use to test for impairment.

Carla Vista's management estimates that the equipment will last for another five years and that it will generate the following future

cash flows at the end of each year:

Calculate the value in use using a discount rate of $7\%.($Round present value factor calculations to $5$ decimal places, e$.$g$.1\mathrm{.}25124$ and the

final answer to $0$ decimal places, e$.$g$.5,275.)$

Click here to view Table A$.2-$ PRESENT VALUE OF $1-($PRESENT VALUE OF A SINGLE SUM$)$

Value in use $