In early January 2013, NewTech purchases computer equipment for $154,000 to use in operating activities for the next four years. It estimates the equipments salvage value at $25,000.

Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation.

	Depreciation for the Period			End of Period
Year	Beginning of Period Book Value	Depreciation Rate	Annual Depreciation	Accumulated Depreciation	Book Value
2013
2014
2015
2016
Total