OWOROS POWERED BY TINY QUESTION 2 10 points Save Answer Tasty Corporation operates under ideal conditions of certainty. If acquired its sole asset (a chocolate machine) on January 1, Year 8. The asset will yield $1,600 cash for 2 years at the end of year 9 and year 10. Salvage value or disposal costs are expected to be zero. The interest rate in the economy is 4%. Purchase of the asset was financed by the issuance of common shares, Tasty Corporation will pay no dividend at the end of each year. Required Prepare a balance sheet and income statement as at the end of December 31, Year 9. (10 marks) 10pt A2 TH T For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIUS Paragraph Arial X Q5 X X E B 3 E 1 *12 (1)