Question 1 Carla Vista Services Inc. accounts for right-of-use assets under IFRS 16 for a lease of a truck. The lease includes a residual value guarantee at the end of the term of the lease of $30,000. Carla Vista estimates that the likelihood for the residual value of $30,000 has a 55% certainty. Carla Vista feels that there is a 20% chance that the residual value will be $24,400 and a 25% chance that it will be $22,800. Calculate the probability-weighted value of the residual guarantee that needs to be included in the lease payments liability recorded by Carla Vista when the lease is signed. Probability-weighted expected value