Switching the corp asset book to a new one

Here is the scenario

on the books controls

Current period Jan-09 (which is also the first period of starting) is 'Jan-09' 01-jan-09 to 31-jan-09
Current fiscal year is 2009 (fiscal years are defined since 1990 (01-jan-90 to 31-dec-90 onwards)

the first depreciation is not run.

Asset calendar , # of periods 12,
Periods defined from Jan-07 to 31-dec-2010

the questions are :

opt 1

1. can we delete fiscal year 2009 onwards that is 01-jan-09 to 31-dec-09.
2. Enter the fiscal year 2009  as 01-jan-09 to 31-Mar-10 that is fifteen months year.
3. subsequent year 2010 as 01-Apr-10 to 31-Mar-10.

4. and use the current assets uploaded in jan-09.

Opt 2
1. Can we abondon the current unused Asset book and create a new one and transfer the assets back to and use