Ch 8: Homework Saved Help S 8 Part 1 of 2 Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.) NewTech purchases computer equipment for $269,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $32,000. 5.88 points eBook Mine Exercise 8-7 Straight-line depreciation LO P1 Print References Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation Straight-Line Depreciation Choose Numerator: Choose Denominator: Annual Depreciation Expense Depreciation expense Annual Depreciation Year-End Book Value Year Year 1 Year 2 Year 3 Waar 4 8 Exercise 8-7 Straight-line depreciation LO P1 Part 1 of 2 Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation. 5.88 points Straight-Line Depreciation Choose Numerator: Choose Denominator: Annual Depreciation Expense eBook Depreciation expense Hint Print Year-End Book Value References Year Annual Depreciation Year 1 Year 2 Year 3 Year 4 Total