Ch 8: Quiz 4 Saved 5 Part 2 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 $271,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $25,000. points Skipped Exercise 8-8 Double-declining-balance depreciation LO P1 Print Help Save & Exit Submit Year Year Book Rate Value End of Period Year- Annual Accumulated End Depreciation Depreciation Book Value Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. (Enter all amounts positive values.) Depreciation for the Period Beginning- Depreciation Year 1 Year 2 Year 3 Year 4