NewTech purchases computer equipment for $261,000 to use in operating activities for the next four years. It estimates the equipments salvage value at $30,000 Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation Straight-Line Depreciation Choone Numorator: Choose Denominator : Annual Depreciation Expense Depreciation expense YearEnd Book Value Year Annual Depreciation Year Year 2 Year Year 4 Total

Required information [The following information applies to the questions displayed below) NewTech purchases computer equipment for $261,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $30,000. Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation Straight-Line Depreciation Choose Denominator Choose Numerator: Annual Depreciation Expense Depreciation expense Estimated useful life (years) Cost minus salvage 11 Year Annual Depreciation Year 1 Year-End Book Value Year 2 Year 3 Year 4 Total