7 Required Information Use the following Information for the Exercises below. [The following information applies to the questions displayed below.) In early January 2017, NewTech purchases computer equipment for $268,000 to use in operating activities for the four years. It estimates the equipment's salvage value at $30,000. oBook Hint Print Exercise 10-7 Straight-line depreciation LO P1 oferences Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation. Straight-Line Depreciation Choose Numerator: Choose Denominator: Annual Depreciation Expense Depreciation expense . Annual Depreciation Year-End Book Value Year 2017 2018 2019 2020 Total