t Two

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Sunland Company must perform an impairment test on its equipment. The equipment will produce the following cash flows: Year $1,$ $$27,000$; Year $2,$$$48,000$; Year $3,$$$57,000.$ The discount rate is $10\%.$ What is the value in use for this equipment? Use the present value table in your calculation. $($For calculation purposes, use $5$ decimal places as displayed in the factor table provided. Round final answer to $2$ decimal places, e$.$g$.5,275\mathrm{.}25.)$

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Value in use $

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