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Exercise 8-8 Double-declining-balance depreciation LO P1 In early January 2015, NewTech purchases computer equipment for $154,000 to use in operating activities for the next four

Exercise 8-8 Double-declining-balance depreciation LO P1 In early January 2015, NewTech purchases computer equipment for $154,000 to use in operating activities for the next four years. It estimates the equipments salvage value at $25,000. Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation.

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