How do I erase a 2007 iMac for resale and keep the latest OS?
I want to sell my 2007 iMac but when I select my HD in Disk Utility, "Erase" is greyed out so I can't perform the erase. I've attached a screenshot. Also I purchase Snow Leopard and installed it fairly recently. If I erase everything, will the operating system go away too? Can I give the buyer my snow leopard CD to install again?
iMac (24-inch Mid 2007), Mac OS X (10.6.8)