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Aequired information Use the following information for the Exercises below. (Algo) The followiog information applies to the questions disployed below) Newiech purchases computer equipment for

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Aequired information Use the following information for the Exercises below. (Algo) The followiog information applies to the questions disployed below) Newiech purchases computer equipment for $26t,000 to use in operating activities for the next four years. It estimotos the equipment's salvage value at $30,000. Exercise 8-7 (Algo) Straight-line depreciation LO P1 Prepere a table showing deprectation and book vatue for eactr of the four years assuming straight-fine depreciation

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