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IU W WUUUUT LUME CU JUD. UUS HUL Hicale Completion Return to qui Required information [The following information applies to the questions displayed below.) NewTech
IU W WUUUUT LUME CU JUD. UUS HUL Hicale Completion Return to qui Required information [The following information applies to the questions displayed below.) NewTech purchases computer equipment for $274,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $24,000. 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 Answer is not complete. Depreciation for the Period End of Period Beginning Year Book Depreciation Annual Accumulated Year-End Rate Depreciation Book Value Depreciation Value $ 274,000 62,500%* $ 62,500 $ 62,500 211,500 211,500 62,500 125.000 149,000 Year 1 Year 2 Year 3 Year 4 Total 149,000 $ 62,500 X 187,500 86,500 86,500 62,500 250,000 24,000 $ 250,000
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