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2 Required information [The following information applies to the questions displayed below) NewTech purchases computer equipment for $268,000 to use in operating activities for the

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2 Required information [The following information applies to the questions displayed below) NewTech purchases computer equipment for $268,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $30,000. Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation (Enter all amounts positive values.) End of Period Depreciation for the Period Beginning-Year Depreciation Book Value Rate Year Annual Accumulated Depreciation Depreciation Year-End Book Value Year 1 Year 2 Year 3 Year 4 $ Total

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