Part 2 of 2 Required information. [The following information applies to the questions displayed below.) NewTech...
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Part 2 of 2 Required information. [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. 10 points eBook Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. (Enter all amounts positive values.) Depreciation for the Period End of Period Hint Beginning-Year Depreciation Year Book Value Rate Annual Accumulated Depreciation Depreciation Year-End Book Value Year 1 $ 273,000 + $ 136,500 $ 136,500 Print Year 2 136,500 68,250 68,250 Year 3 68,250 34,125 34,125 Year 4 34,125 8,125 26,000 References $ 0 Total Part 2 of 2 Required information. [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. 10 points eBook Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. (Enter all amounts positive values.) Depreciation for the Period End of Period Hint Beginning-Year Depreciation Year Book Value Rate Annual Accumulated Depreciation Depreciation Year-End Book Value Year 1 $ 273,000 + $ 136,500 $ 136,500 Print Year 2 136,500 68,250 68,250 Year 3 68,250 34,125 34,125 Year 4 34,125 8,125 26,000 References $ 0 Total
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