ACCOUNTING PRINCIPLES I - FINANCIAL CHAPTER 8 WRITING ASSIGNMENT work for Theater-at-Home, Inc., a retail company that sells basement jection systems for $10,000. Your boss is considering two types of 1. Offering customers a $1,000 coupon that they can apply to future purchases, including the purchase of annual maintenance. 2. Offering credit terms that allow payments of $2,000 down and $2,000 per year for four years starting one year after the purchase. Theater-at-Home would have to borrow money at 7 percent interest to finance these credit Discuss the relative merits of these two plans, including their implications for accounting and the time value of money. Which alternative should Theater-at-Home implement? What changes, if any, would you recommend to be considered