assume you are the owner of your own HC clinic. you are looking into new computer systems for $32,750.

you expect to use it for 5 years and sell it at $2,500 (salvage value).

a. what values would appear on the balance sheet and income statement at the end of 4 years, and under what names?

b. what amount would appear on the balance sheet and income statement at the end of 1 year, and under what names?

you must show how you derived your answer