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Required information [The following information applies to the questions displayed below.] NewTech purchases computer equipment for $261,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $30,000. 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 End of Period Year Beginning-Year Depreciation Book Value Rate Annual Depreciation Year-End Book Value $ $ Year 1 Year 2 Year 3 Year 4 Total $ 261,000 130,500 65,250 32,625 50% 50% 50% 50% Accumulated Depreciation $ 130,500 195,750 228,375 130,500 65,250 32,625 130,500 65,250 32,625 $ 228,375