In early January 2015, 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.

year -beginning year book value -depreciation rate- Annual depreciation -Accumulated depreciation -year end book value

2015

2016

2017

2018

total