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NewTech purchases computer equipment for $$274,000$ to use in operating activities for the next four years. It estimates the equipment's salvage value at $$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$]],],[$Beginning book value,I,,$=,$Depreciation expense$],[,$I,,$=,],[$Year$,$Annual Depreciation,Year$-$End Book Value,,$],[$Year $1,,,,],[$Year $2,,,,],[$Year $3,,,,],[$Year $4,,,,],[$Total$,$$$,,,]]$