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In early January 2011, LabTech purchases computer equipment for $147,000 to use in operating activities for the next four years. It estimates the equipments salvage

In early January 2011, LabTech purchases computer equipment for $147,000 to use in operating activities for the next four years. It estimates the equipments salvage value at $30,000.

Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation.(Omit the "$" sign in your response.)

Year Annual Depreciation Year-End Book Value
2011 $ $
2012
2013
2014
Total $

In early January 2011, LabTech purchases computer equipment for $147,000 to use in operating activities for the next four years. It estimates the equipments salvage value at $30,000.

Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation.(Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" and "%" signs in your response.)

Year Beginning-year Book Value Depreciation Rate Annual Depreciation Year-End Book Value
2011 $ % $ $
2012
2013
2014
Total $

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