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I Required information Use the following information for the Exercises below. ( Algo ) [ The following information applies to the questions displayed below. ]

I
Required information
Use the following information for the Exercises below. (Algo)
[The following information applies to the questions displayed below.]
NewTech purchases computer equipment for $271,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $25,000.
Exercise 10-7(Algo) Straight-line depreciation LO P1
Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation.
\table[[Straight-Line Depreciation],[Choose Numerator:,I,Choose Denominator:,=,\table[[Annual Depreciation],[Expense]]],[,1,,=,Depreciation expense],[,1,,=,],[Year,,Annual Depreciation,,Year-End Book Value],[Year 1,,,1,],[Year 2,,,,],[Year 3,,,,?bar(x+10)
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