Use the Following Data to Solve the Following Questions:
-Frontier $\begin{array}{llcc}\text {Year 1}&\text {Year 2}&\text {Year 3}\\\hline \$ 4,000& \$ 6,000&\$ 7,000 \end{array}$

question 13

Multiple Choice

Use the following data to solve the following questions:
-Frontier Landscaping owns some equipment that is used in their operations. Management estimates that the equipment will last another three years and will generate the following future cash flows at the end of each year. $\begin{array}{llcc}\text {Year 1}&\text {Year 2}&\text {Year 3}\\\hline \$ 4,000& \$ 6,000&\$ 7,000 \end{array}$
Assuming Frontier Landscaping's equipment has a carrying value of $16,000, how much of an impairment loss must Frontier record?

• A) none as there is no impairment.
• B) $383
• C) $6,606
• D) $2,518

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Definitions:

Instructed

means being directed or educated in a particular subject or activity by someone with knowledge or authority on the matter.

Situational Leadership Model

A leadership approach that suggests the most effective leadership style varies according to the task, situation, and level of maturity or readiness of the followers.

Relationship Behavior

Involves actions and interactions among individuals, affecting how they relate and connect with each other.

Emotional Support

Assistance provided by an individual to another, offering comfort, reassurance, and a sense of belonging, typically in times of stress or distress.