In early January 2015, NewTech purchases computer equipment for $160,000 to use in operating activities for the next four years. It estimates the equipments salvage value at $28,000.

Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. (Enter all amounts positive values)

	DEPRECIATION FOR THE PERIOD			END OF PERIOD
YEAR	BEGINNING YR BOOK VALUE	DEPRECIATION RATE	ANNUAL DEPRECIATION	ACCUMULATED DEPRECIATION	YEAR END BOOK VALUE
2015
2016
2017
2018
TOTAL