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0 Required information Use the following information for the Exercises below. The following information applies to the questions displayed below. In early January 2017, NewTech
0 Required information Use the following information for the Exercises below. The following information applies to the questions displayed below. In early January 2017, NewTech purchases computer equipment for $266,000 to use in operating activities for the next of 2 four years. It estimates the equipment's salvage value at $27,000. Exercise 10-8 Double-declining-balance depreciation LO P1 Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. (Enter all amounts positive values.) 3 Answer is complete but not entirelv correct. Exercise 10-8 Double-declining-balance depreciation LO P1 Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balan Enter all amounts positive values.) 8 Answer is complete but not entirely correct. Depreciation for the Period End of Period Beginning- Depreciation Year Book Annual Accumulated Year-End Year Depreciation Depreciation Book Value 50% o s 133,000 $ 133.000 )$ 133,000 66.500 66,500 el 50% 33.250 232.750 O 33,250 33.250 26000 16,625 Rate Value 2017 S 266,000. 2018.- 2019 2020 133 00001_ Os 50%. -66.500 ) 199.500 O 33,250 50% Total S 266,000
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