On January 1 a company determines it will need a new computer system costing $60,000 three years from now. It desires to make a single deposit into its bank today, January 1, that will grow to $60,000 three years from now. The bank is paying 5% interest compounded annually on such deposits. With respect to the amount which is on deposit at the bank at the end of year 1, where would it be reported? A. "other revenues and expenses" B. stockholders' equity section of the balance sheet C. non-current asset D. current asset