$3.$ OldNavy purchases etching equipment for $$257,000$ to use in operating activities for

the next four years. It estimates the equipment$$s salvage value at $$24,000.$

Prepare a table showing depreciation and book value for each of the four years

assuming straight$-$line depreciation.

Year Annual Depreciation Accumulated Deprecation Year$-$End Book Value

$1$

$2$

$3$

$4$