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Required information [ The following information applies to the questions displayed below. ] NewTech purchases computer equipment for $ 2 6 5 , 0 0
Required information
The following information applies to the questions displayed below.
NewTech purchases computer equipment for $ to use in operating activities for the next four years. It estimates the equipment's salvage value at $
Prepare a table showing depreciation and book value for each of the four years assuming doubledecliningbalance depreciation. Note: Enter all amounts as positive values.
tableYearDepreciation for the Period,End of PeriodtableBeginningYearBook ValuetableDepreciationRatetableAnnualDepreciationtableAccumulatedDepreciationtableYearEndBook ValueYear Year Year Total
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