I'm still not fully getting it.
I do not report inventory as an asset from year to year. I don't sell anything tangible, per se, I provide service. The class IV items are consumables, parts and instruments that constantly turn over in the provision of those services. The class V items are heavy equipment and furnishings that have been 100% depreciated. The class VI, VII is goodwill.
The responses speak to disposing of assets. These are assets but have not been shown as inventory or as items of value on hand on a tax return in years.
Does this change anything?
