Otherwise that benefit is continuing to get pushed now into 2024. So as you start, we have to €“ at some point we’re going to get really a multiyear period of hitting that target, high end of the target range, and that’s probably coming in in 2024, now assuming that the OEMs can get caught up.
Scott Group: That’s helpful, and just can I just understand on the residuals, do we just keep them where they are now and we’re not going to move them around anymore. We’re just going to keep them where they are and hope that, you know that just means we continue to see gains. Is that the plan?
John Diez: Yeah Scott, we presented in the back there in the appendix. We presented where we’re sitting with residuals. We are not projecting any residual value estimate changes, meaningful estimate changes going into next year, so you could expect that to continue into the future.
Scott Group: Okay, thank you guys.
Robert Sanchez: Thanks, Scott.
Operator: And our next question comes from Brian Ossenbeck from J.P. Morgan, Please go ahead.
Brian Ossenbeck: Hey! Good morning. thanks for taking the questions. Just wanted to come back on the impairment. It sounds like it’s going to be a little bit more than $20 million, but maybe you can put some context around how that happened? You know if it was unexpected, it sounded like maybe this was a customer that was a little bit weaker credit than you thought. So maybe there’s an end market impact combined with that. So maybe some context around that will be helpful, and if you €“ you know the frequency with which you see these things happened would also be good to get further context around this. Thanks.
Robert Sanchez: Yes, I think you hit the key points here. Just, number one is, this is not a €“ this customers credit profile was below our, I would say our average customer. It’s not a typical warehouse operation, because we had more specialized automation in there, which we were really using to not only obviously to serve the customer for us to also use as a way of kind of developing that capability. We are operating two facilities for this customer. This was the impairment on one facility. We still have the other facility that we continue to operate for the customer. As I mentioned, we have built that into our forecast for the year assuming we do have to take some kind of other adjustment there. But other than that, it’s an unusual situation that we don’t have very many customers where we have this amount of investment, especially on any type of specialized equipment like this.
So, it gives you a little color. I think it is a relatively unique situation for us that unfortunately the customer’s credit has deteriorated since we signed the deal a couple of years ago.
Brian Ossenbeck: Okay, understood. And then just on the, back to the outsized gains, it sounded like just to clarify, there’s an additional dollar in 2023. So I just wanted to understand that and if you could split it out as you had before between rental and gains. And then just maybe a bigger picture question is, couldn’t you potentially have rent utilization higher, now that you’re shifting more to trucks versus tractors. Shouldn’t that be a little stickier as you go down that path, so maybe we won’t quite see it go back to where it was?
