Pierce & Company Purchased Equipment for $36,000

Pierce & Company purchased equipment for $36,000.The equipment has an estimated useful life of eight years and will be worthless at the end of that time.In the partial balance sheet below,show exactly how the equipment should be disclosed after it has been used for five years.Also calculate total assets.
$\begin{array}{c}\text { Pierce \& Company}\\\text { Partial Balance Sheet}\\\text { December 31, 2010}\\\begin{array}{lr}\text { Cash } &\quad\quad\quad\quad\quad\quad\quad\quad \$ 18,000 \\\text { Prepaid rent } & 6,000 \\\text { Equipment } &\underline{\quad\quad} \\& \\ \text { Total assets } & \$\underline{\quad\quad} \end{array}\end{array}$