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Assume you are the owner of your own Healthcare clinic You purchased computer equipment for $32,500. You expect to use it for 7 years and

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Assume you are the owner of your own Healthcare clinic You purchased computer equipment for $32,500. You expect to use it for 7 years and sell it at $4,500 (salvage value). S 1) What value would appear on BOTH the balance sheet and income statement at the end of 3 years, and under what names? 6 2) What amount would appear on BOTH the balance sheet and income statement at the end of 1 year, and under what names? 10

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