3 0 Required information Part 2 of 2 Use the following information for the Exercises below. (The following information applies to the questions displayed below.] 12.5 points NewTech purchases computer equipment for $272,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $20,000. 02:02:44 Exercise 8-8 Double-declining-balance depreciation LO P1 eBook Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. (Enter all amounts positive values.) Hint Depreciation for the Period End of Period Beginning-Year Depreciation Book Value Rate Year Annual Depreciation Year-End Book Value Accumulated Depreciation Print S Year 1 136,000 50% 136,000 $ $ $ 272,000 136,000 68,000 Year 2 50% 136,000 68,000 34,000 204,000 238.000 68,000 34,000 17 000 50% References Year 3 255,000 17,000 50% 34,000 Year 4 $ 255,000 Total