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NewTech purchases computer equipment for $$262,000$ to use in operating activities for the next four years. It estimates the equipment's salvage value at $$21,000.$

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

$\backslash$table$[[,,,$Straight$-$Line Deprec,,$],[$Choose$,$Numerator:,I,Choose Denominator:,,$\backslash$table$[[$Annual Depreciation$],[$Expense$]]],[$r$.,,1,,=,$Depreciation expense$],[,,$I,,$=,],[,$Year,,Annual Depreciation,,Year$-$End Book Value$],[,$Year $1,,,,1=$