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2:59 Required information [The following information applies to the questions displayed below.] NewTech purchases computer equipment for $259,000 to use in operating activities for
2:59 Required information [The following information applies to the questions displayed below.] NewTech purchases computer equipment for $259,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $27,000. Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. Note: Enter all amounts as positive values. Depreciation for the Period End of Period Year Beginning-Year Depreciation Book Value Rate Annual Accumulated Depreciation Depreciation Year-End Book Value Year 1 Year 2 Year 3 Year 4 Total $
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