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2 Required information [The following information applies to the questions displayed below.] Part 1 of 2 NewTech purchases computer equipment for $257,000 to use in
2 Required information [The following information applies to the questions displayed below.] Part 1 of 2 NewTech purchases computer equipment for $257,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $24,000. 10 points Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation. Straight-Line Depreciation Choose Numerator: 1 Choose Denominator: = Annual Depreciation Expense Print Depreciation expense 0 Year Annual Depreciation Year-End Book Value Year 1 Year 2 Year 3 Year 4 Total $ 0 Saved ! 3 Required information [The following information applies to the questions displayed below.] Part 2 of 2 NewTech purchases computer equipment for $257,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $24,000. 10 points Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. (Enter all amounts as positive values.) Depreciation for the Period End of Period Print Year Beginning-Year Depreciation Book Value Rate Annual Depreciation Accumulated Depreciation Year-End Book Value Year 1 Year 2 Year 3 Year 4 Total $ 0
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