NewTech purchases computer equipment for $264,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $28,000. Exercise 8-7 Straight-line depreciation LO P1 Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation, Stenlaht-Line Depreciation Choose Numerator: Choou Denominator Annual Depreciation Depreciation expense Espen Annual Depreciation Year-End Book Value Year Yeart Year 2 Year 3 Year 4 Total