Cupcakes-R-Us, Inc. is reviewing all available information regarding the future use of its baking equipment, which it ntends to use for the foreseeable future. (Click the icon to view additional information.) Assume that Cupcakes-R-Us determines that the likelihood of the expected future cash flows under Estimate 1 is 70% and 30% under Estimate 2. Future Value of $1 table Future Value of an Ordinary Annuity table Future Value of an Annuity Due table Present Value of $1 table Present Value of an Ordinary Annuity table Present Value of an Annuity Due table Read the requirements. Requirement a. Compute the carrying value of Cupcakes-R-Us's equipment. The carrying value of the baking equipment at the end of two years is $ 360,000.