7.69 points Required information Use the following information for the Exercises below. The following information applies to the questions displayed below! NewTech purchases computer equipment for $274,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $24,000. ook Exercise 8-8 Double-declining-balance depreciation LO P1 Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. (Enter all amounts positive values.) References Depreciation for the Period End of Period Beginning-Year Depreciation Book Value Rate Annual Depreciation Accumulated Depreciation Year-End Book Value 50% $ 1 Year 2 Year 3 Year 4 Total 274000 137,000 68.500 50% 50% 50% 137.000 68,500 34,2501 34 250 17.125 256,875 S Problem 8-2A Depreciation methods LO P1 A machine costing $215,200 with a four-year life and an estimated $18,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 493.000 units of product during its life. It actually produces the following units: 123,000 in Year 1, 122,800 in Year 2, 120,600 in Year 3, 136,600 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate-this difference was not predicted. (The machine cannot be depreciated below its estimated salvage value.) Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. (Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar) Complete this question by entering your answers in the tabs below. References Units of Straight Line 006 Production Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight-line depreciation Straight-Line Depreciation Year Depreciation Expense Total Units of Production >