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In early January 2015, NewTech purchases computer equipment for $176,000 to use in operating activities for the next four years. It estimates the equipment's salvage
In early January 2015, 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. Double-declining-balance depreciation Depreciation for the Period End of Period Year Beginning-Year Depreciation Book Value Rate Annual Depreciation Accumulated Depreciation Year-End Book Value 2015 2016 2017 2018 Total
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