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NewTech purchases computer equipment for $264,000 to use in operating activities for the next four years. Its estimates the equipment is salvage value at $28,000.
NewTech purchases computer equipment for $264,000 to use in operating activities for the next four years. Its estimates the equipment is 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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