Please answer Step 2 and explain which table is using

estimate fair value, Fredrick Wilson must use the discounted cash-flow model. The company projected the asset's future cash flows as follows. (Click the icon to view the cash flow projection table.) 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 Assuming a discount rate of 8%, prepare the journal entry to record the impairment loss (show all supporting computations). Conduct the impairment test indicated for finite-life intangible assets at the end of the year. Start with step 1. formula method, use factor amounts rounded to five decimal places, X.XXXXX. Round intermediary calculations and your final answers to the nearest whole dollar.) Future Value of $1 Future Value of an Ordinary Annuity Future Value of an Annuity Due Present Value of $1 Present Value of an Ordinary Annuity Present Value of an Annuity Due