Newlyweds Carolyn and John purchased a bedroom set from Macs Furniture for $12,564. Over the following five years, they returned to Macs to buy nursery furniture for their soon-to-be first-born child for $3,060 and then to buy a childs bedroom set for $6,602 when that child turned two. Macs margin on all bedroom sets and furniture is 23%. Calculate Carolyn and Johns CLV over this five-year horizon.

Please show the work as I'm trying to learn the concept