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Required information [ The following information applies to the questions displayed below. ] NewTech purchases computer equipment for $ 1 5 4 , 0 0

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[The following information applies to the questions displayed below.]
NewTech purchases computer equipment for $154,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $25,000.
Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation.
Note: Enter all amounts as positive values.
\table[[\table[[Year],[Year 1]],Depreciation for the Period,End of Period],[\table[[Beginning-Year],[Book Value]],\table[[Depreciation],[Rate]],\table[[Annual],[Depreciation]],\table[[Accumulated],[Depreciation]],\table[[Year-End],[Book Value]]],[$,154,000,$,77,000,$,77,000,$,77,000],[Year 2,,77,000,50%,,38,500,,115,500,,38,500],[Year 3,,38,500,50%,,13,500,,,,25,000],[Year 4,,25,000,50%,,0,,,,25,000],[Total,,,,$,129,000,,,,]]
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