| Main Thread View LCS Learning Platf X 9 WileyPLUS A edugen.wileyplus.com/edugen/Iti/main.uni PLUS Kieso, Intermediate Accounting, 17e Help I System Announcements CALCULATOR PRINTER VERSION 4 BACK OURCES Problem 6-14 Part n). Part n). At the end of 2020, Sage Company is conducting an impairment test and needs to develop a fair value estimate for machinery used in its manufacturing operations. Given the nature Sage's production process, the equipment is for special use. (No secondhand market values are available.) The equipment will be obsolete in 2 years, and Sage's accountants have developed the following cash flow information for the equipment. Net Cash Flow Probability Year Estimate Assessment Part en). 2021 $6,120 40% 8,170 60% Part on) 2022 $(520 ) 20% 2,070 60% 4,230 20% Scrap value 2022 $520 50% ey Study 930 50% Click here to view factor tables Using expected cash flow and present value techniques, determine the fair value of the machinery at the end of 2020. Use a 4% discount rate. Assume all cash flows occur at the end of the year. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Fair value of the machinery at the end of 2020 Activare Windos LINK TO TEXT LINK TO TEXT 12:21 AM e here to search 3/28/2020 e Google Chrome n.wileyplus.com/edugen/player/references/index.uni?mode=help&xlinkobject-kieso9781119503682_hidden-sec-00848&itemid%3Dnopolice ences Future Value of 1 (Future Value of a Single Sum) FVFni = (1+)" (n) Periods 2% 2ÂV% 4% 5% 6% 1.02000 1.04040 1.06121 1.08243 1.10408 1.02500 1.05063 1.07689 1.10381 1.13141 1.03000 1.06090 1.04000 1.08160 1.09273 1.12551 1.15927 1.05000 1.10250 1.15763 1.21551 1.27628 1.06000 1.1260 1.19102 1.26248 1.33823 1.12486 1.16986 1.21665 1.12616 1.15969 1.18869 1.19405 1.26532 1.31593 1.34010 1.40710 1.47746 1.55133 1.62889 1.41852 1.14869 1.22987 1.50363 1.17166 1.19509 1.26677 1.30477 1.21840 1.36857 1.59385 1.24886 1.42331 1.48024 1.68948 10 1.21899 1.28008 1.34392 1.79085 1.24337 1.31209 1.34489 1.37851 1.41297 1.44830 1.38423 1.42576 1.46853 1.51259 1.55797 11 1.53945 1.60103 1.66507 1.71034 1.79586 1.88565 1.97993 2.07893 1.89830 12 1.26824 2.01220 13 1.29361 2.13293 1.31948 1.34587 14 1.73168 2.26090 15 1.80094 2.39656 1.48451 1.52162 1.55966 2.18287 2.29202 2.40662 2.52695 2.65330 2.54035 2.69277 2.85434 3.02560 3.20714 1.60471 1.87298 1.94790 2.02582 2.10685 16 1.37279 17 1.40024 1.65285 1.42825 1.45681 1.48595 1.70243 1.75351 1.80611 18 19 1.59865 Windows agyate Wi 20 1.63862 2.19112 12 3/2 e here to search 234L