Ch 10. Homework Seved Help So 11 Part 1 of 2 5.88 ports Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below] NewTech purchases computer equipment for $266,000 to use in operating activities for the next four years, It estimates the equipment's salvage value at $27,000. eBook Hint Print References Exercise 10-7 Straight-line depreciation LO P1 Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation Straight-Line Depreciation Choose Numerator: Cost minus salvage Choose Denominator: Estimated useful Me (years) Annual Depreciation Expense Depreciation expense $ 239,000 = $ 59.750 Year Annual Depreciation) Year-End Book Value Year 1 $ 59,750 Year 2 59,750 Year 3 59,750 Year 4 59,750 Total $ 239,000