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

C [The following information applies to the questions displayed below.] 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 double-declining-balance depre- (Enter all amounts as positive values.) End of Period Year Depreciation for the Period Beginning-Year Depreciation Annual Book Value Rate Depreciation Accumulated Depreciation Year-End Book Value Year 1 Year 2 Year 3 Year 4 Total