if i could see the steps too, thanks in advance! :)

Crane's Auto has several minor lawsuits outstanding. To determine the amount of liability to recognize on the December 31,2022, statement of financial position, Crane's Auto decides to use expected cash flow techniques. Based on discussions with the company's lawyers, Crane's Auto estimates the expected cash outflows associated with the lawsuits at the end of each year, as shown below. Assume a risk-free rate of 4% and cash flows occurring at the end of the year. Calculate the present value of the lawsuits. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 2 decimal places, e.g. 5,275.25.) Click here to view Table A.2 - PRESENT VALUE OF 1 - (PRESENT VALUE OF A SINGLE SUM) Click here to view Table A.4 - PRESENT VALUE OF AN ORDINARY ANNUITY OF 1 Present value