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NewTech purchases computer equipment for $ 2 6 0 , 0 0 0 to use in operating activities for the next four years. It estimates

NewTech purchases computer equipment for $260,000 to use in operating activities for the next four years. It estimates
the equipment's salvage value at $28,000.
Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation.
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