In early January 2013, NewTech purchases computer equipment for $176,000 to use in operating activities for the next four years. It estimates the equipments salvage value at $37,000.

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

In early January 2013, NewTech purchases computer equipment for $176,000 to use in operating activities for the next four years. It estimates the equipments salvage value at $37,000.

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

In early January 2013, NewTech purchases computer equipment for $176,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $37,000. Prepare a table showing depreciation and book value for each of the four years assuming double-declining- balance depreciation. End of Period Depreciation for the Period Year Beginning of Annual Period Book Depreciation Accumulated Book Value Rate Depreciation Depreciation Value 2013 50% 2014 50% 2015 50% 2016 50% Total