(Answered) Willie winn track shoes used the expected cash flow

Accounting

Willie Winn Track Shoes used the expected cash flow approach to determine the present of a future obligation to be paid to Betty Will Company in four years. Estimated future payment possibilities were as follows:

Possible payment Probability

$100 million 20%
140 million 40%
180 million 40%

The risk-free interest rate is 5%. The present value of $1 in 4 periods at 5% is 0.82270. What is the estimated present value of the future obligation?

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