3 ! 1 points Required information [The following information applies to the questions displayed below.] NewTech purchases computer equipment for $264,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $28,000. Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation. Answer is not complete. Straight-Line Depreciation Choose Numerator: Choose Denominator: Annual Depreciation Expense Cost minus salvage Estimated useful life (years) Depreciation expense 1 0 Year Annual Depreciation Year-End Book Value Year 1 $ 59,000 $ 205,000 Year 2 45,814 X 159,186 Year 3 35,576 x 123,610 x Year 4 27,625 95,985 Total $ 168,015