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NewTech purchases computer equipment for $258,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $26.000 Prepare
NewTech purchases computer equipment for $258,000 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 double-declining balance depreciation (Enter all amounts positive values.) Depreciation for the Period End of Period Year Beginning Year Depreciation Book Value Rate Annual Depreciation Accumulated Depreciation Year End Book Value Year 1 Year 2 Year 3 Year 4 Total
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