The net present value as of the time of sale requires a reestimate of the subsidy expense, which is recognized as a subsidy expense or a reduction in subsidy expense.
267480
A re-estimate of the subsidy expense is considered to be either a subsidy expense or a reduction in subsidy expense.
267481
There is no need for a re-estimate of the subsidy expense when figuring out the net present value at the time of the sale.