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3 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

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3 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. 02:35:56 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 Year Beginning-Year Depreciation Book Value Rate Annual Depreciation Accumulated Depreciation Year-End Book Value Print Year 1 Year 2 References Year 3 Year 4 Total

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