b ! Part 1 of 2 6.36 points eBook Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] NewTech purchases computer equipment for $154,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $25,000. Exercise 8-7 (Static) Straight-line depreciation LO P1 Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation. Hint Straight-Line Depreciation Choose Numerator: Choose Denominator: Print = Annual Depreciation Expense Depreciation expense = 0 Year References Annual Depreciation Year-End Book Value Year 1 Year 2 Year 3 Year 4 Total $ 0