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Required information [The following information applies to the questions displayed below.] In early January 2017, 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. 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 Accumulated Depreciation Year-End Book Value 2017 $ 1% $ 2018 1% 2,069,000 1,034,500 67,250 67,250 1,034,500 2,001,750 2,035,375 2,037,000 $ 1,034,500 67,250 33,625 1,625 $ 1,137,000 $ 2,069,000 1,034,500 67,250 2019 1% 2020 1% 33,625 Total