The financial manager of Furniture Inc.is unsure of some aspects of the impairment calculation for anasset.In particular,in the estimation of future cash flows that is used to calculate the asset's value in use,which of the following factors are required to estimate future cash flows?Select one or more options,and then click Submit.Assumptions that represent management's best estimate of the range of economic conditions that willexist over the asset's remaining useful lifeAn increasing growth rate to extrapolate future cash flows beyond the budgeted periodA steady or declining growth rate to extrapolate future cash flows for subsequent years beyond thebudgeted period,unless an increasing rate can be justifiedThe most recent budgets or forecasts approved by management