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uccessfully complete this assignment, follow these steps: Discuss one or more of the following topics related to long-term operational assets: . Why are long-term assets depreciated over the useful life of the asset and not shown as an expense in the year they are purchased or developed? Do you agree with treating long-term assets this way? Why or why not? . What are some of the challenges inherent to accounting for long-term assets and the accuracy of the financial statements? . How could accounting methods, depreciate equipment, and other long-term assets be used to manipulate net income and a values reported in the financial statements? . Are there ethical issues involved in how companies account for long-term assets? Post your thoughts and insights by midweek. You may include personal experiences. . Reply to those who respond to your thread. . You may pose questions for classmates after sharing your insights. Respond to two of your classmates' posts with well-reasoned comments and additional insights by the end of the week. otes Extra points may be given to those who put forth significantly more effort in responding to their classmates, sharing exceptional insights, and taking to heart the counsel that we "teach one another."