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In early January 2017, NewTech purchases computer equipment for $269,000 to use in operating activities for the next four years. It estimates the equipments salvage
In early January 2017, NewTech purchases computer equipment for $269,000 to use in operating activities for the next four years. It estimates the equipments salvage value at $32,000.
Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. (Enter all amounts positive values.)
year | beginning year book value| Depreciation rate| annual Depreciation | accumulated depreciation | Year-end book value
2017
2018
2019
2020
total
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