Unit 4 Discussion You are a patient. Look around your hospital room and describe what you see. Discuss your answers to the following questions: What should be property that is depreciated and what should be considered inventory? Explain your answer. For items that are property and should be depreciated, what costs might have been incurred to put that item into service? How is it used? What method of depreciation should be used? Why? For items that are inventory, should the hospital use perpetual or periodic inventory? Explain the pros and cons of each