Edgar Ltd is preparing its financial statements for the year ended 31 December 2018. At 31 December 2017 it had computer equipment that cost 1,004,408, all of which had been purchased on 1 January 2016, and had accumulated depreciation at 31 December 2017 of 697,600. Computer equipment is depreciated on a straight line basis with no residual value over four years and is charged on a monthly basis. A computer system, costing E6,800, was sold on 1 January 2018 for 1,800.n1t April 2018 Edgar exchanged a computer part which had cost 24,000, for a new computer, costing 34,600, paying a cheque in final settlement of 18,000. Required Show how the computer equipment of Edgar Ltd will be shown in the i. Income statement for the year ended 31 December 2018, and ii. Statement of financial position as at 31 December 2018