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Exercise 8-4 Straight-line depreciation LO P1 In early January 2013, NewTech purchases computer equipment for $158,000 to use in operating activities for the next four

Exercise 8-4 Straight-line depreciation LO P1

In early January 2013, NewTech purchases computer equipment for $158,000 to use in operating activities for the next four years. It estimates the equipments salvage value at $32,000.

Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation.

2013

2014

2015

2016

total

rev: 10_29_2015_QC_CS-31397

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