Question 7 Partially correct Mark 1.00 out of 20.00 Flag question Take me to the text On November 1, 2018, Precision Machinery purchased equipment for $117,000. The equipment is expected to last 5 years and will have no residual value. Precision Machinery has a December 31 year end. In the year of purchase, the company calculated depreciation for each month the asset was owned. Required Prepare the table below showing the yearly depreciation, accumulated depreciation, and net book value of the equipment. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. Year Original Cost of Equipment Depreciation Expense Accumulated Depreciation Net Book Value 2018 117000 2019 2020 Not answered Mark 0.00 out of 1.00 2021 2022 Check