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Crane Company signs a contract to sell the use of its patented manufacturing technology to Blue Spruce Corp. for 14 years, The contract for this

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Crane Company signs a contract to sell the use of its patented manufacturing technology to Blue Spruce Corp. for 14 years, The contract for this transaction stipulates that Blue Spruce pays Crane $18,000 at the end of each year for the use of this technology. Using a discount rate of 10%, what is the value in use of the patented manufacturing technology? (For caiculation purposes, use 5 decimal places as displayed in the foctor toble provided. Round final answer to 2 decimal places, es. 5,275.25.) Click here to view the factor table PRESENT VALUE Or 1. Click here to view the factor table PRESENT VALUF OF ANANNUITY OF 1. Value in use

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