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For the follow-on to this topic, I would like you to research the TVM concepts and consider how you would apply it to your assignment company from week 2 for the purchase of a software suite for your IT department. Please note that this topic has a direct relationship to the assignment next week, so please take advantage of it to get some practice!!! Take into consideration the concepts of week 3 and how your state treats software as an intangible asset and create a simple depreciation schedule that would reflect how you would depreciate it or. how you would use it over its expected life (you will need to estimate how long you will use this software and create a "cost" to do this exercise). As always, I look forward to your responses and if you have questions please ask in the Q&A forum so that everyone can benefit!

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