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apter 8 Assignment Saved Help 6 Part 1 of 2 Required information (The following information applies to the questions displayed below.) NewTech purchases computer equipment

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apter 8 Assignment Saved Help 6 Part 1 of 2 Required information (The following information applies to the questions displayed below.) NewTech purchases computer equipment for $268,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $30,000, 1 points Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation. eBook Choose Numerator: Straight-Line Depreciation Choose Denominator Estimated useful life (years) Hint Annual Depreciation Expense Depreciation expense 67,000 $ $ Beginning book value $ 268,000 Year Annual Depreciation Year rus 30,000 Year 2 30,000 Year 3 30.000 Year 4 30.000 Total $ 120,000 Year-End Book Value 131,500 96,000 60.500 25.500 References

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