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! Required information [ The following information applies to the questions displayed below. ] NewTech purchases computer equipment for $ 2 5 7 , 0

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[The following information applies to the questions displayed below.]
NewTech purchases computer equipment for $257,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $24,000.
Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation.
\table[[Straight-Line Depreciation],[Choose Numerator:,1,Choose Denominator:,=,\table[[Annual Depreciation],[Expense]]],[,1,,=,Depreciation expense],[,1,,=,],[Year,,Annual Depreciation,,Year-End Book Value],[Year 1],[Year 2],[Year 3],[Year 4],[Total,,,,]]
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