NewTech purchases computer equipment for $$273,000$ to use in operating activities for the next four years. It estimates the equipment's salvage value at $$26,000.$

Prepare a table showing depreciation and book value for each of the four years assuming straight$-$line depreciation.

$\backslash$table$[[$Straight$-$Line Depreciation$],[$Choose Numerator:,$1,$Choose Denominator:,$=,\backslash$table$[[$Annual Depreciation$],[$Expense$]]],[$Cost minus salvage,$1,$Estimated useful life $($years$),=,$Depreciation expense$],[247,000,1,10,=,61,750],[$Year$,,$Annual Depreciation,,Year$-$End Book Value$],[$Year $1,,61,750,,],[$Year $2,,61,750,,],[$Year $3,,61,750,,],[$Year $4,,61,750,,],[$Total$,,247,000,,]]$