Part 1 of 2 4 points eBook Hint Print Required information [The following information applies to the questions displayed below.] 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. Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation. Choose Numerator: 1 Year Year 1 Year 2 Year 3 Year 4 Total 1 1 Straight-Line Depreciation Choose Denominator: Annual Depreciation = = = Annual Depreciation Expense Depreciation expense Year-End Book Value

Required information The following information applies to the questions displayed below.) NewTech purchases computer equipment for $264,000 to use in operating activitios for the next four years. It estimates the equipment's salvage value at $28,000. Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation