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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

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 straight-line depreciation.

(please answer in the form of the chartimage text in transcribed

Required information [The following information applies to the questions displayed below.] NewTech purchases computer equipment for $154,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $25,000

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