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NewTech purchases computer equipment for $$263,000$ to use in operating activities for the next four years. It estimates the equipment's salvage value at $$24,000.$

Prepare a table showing depreciation and book value for each of the four years assuming straight$-$line depreciation.

$\backslash$table$[[$Straight$-$Line Depreciation$],[$Choose Numerator:,I,Choose Denominator:,$=,\backslash$table$[[$Annual Depreciation$],[$Expense$]]],[,1,,=,$Depreciation expense$],[,1,,=,],[$Year$,$Annual Depreciation,Year$-$End Book Value,,$],[$Year $1,,,,],[$Year $2,,,,],[$Year $3,,,,],[$Year $4,,,,],[$Total$,,,,]]$