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! Required information [ The following information applies to the questions displayed below. ] NewTech purchases computer equipment for $ 2 7 0 , 0

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[The following information applies to the questions displayed below.]
NewTech purchases computer equipment for $270,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $31,000.
Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation.
Note: Enter all amounts as positive values.
\table[[,Depreciation for the Period,End of Period],[Year,\table[[Beginning-Year],[Book Value]],\table[[Depreciation],[Rate]],\table[[Annual],[Depreciation]],\table[[Accumulated],[Depreciation]],\table[[Year-End],[Book Value]],],[Year 1,,,,,,],[Year 2,,,,,,],[Year 3,,,,,,],[Year 4,,,,,,],[Total,,,,,,]]
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