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! Required information (The following information applies to the questions displayed below.] In early January 2017, NewTech purchases computer equipment for $269,000 to use in
! Required information (The following information applies to the questions displayed below.] In early January 2017, NewTech purchases computer equipment for $269,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $32,000. Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. (Enter all amounts positive values.) Depreciation for the Period End of Period Year Beginning-Year Depreciation Book Value Rate Annual Depreciation Accumulated Depreciation Year-End Book Value 2017 2018 2019 2020 Total $ 0 Quatro Co. issues bonds dated January 1, 2017, with a par value of $730,000. The bonds' annual contract rate is 12%, and interest is paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of issuance is 10%, and the bonds are sold for $767,042. 1. What is the amount of the premium on these bonds at issuance? 2. How much total bond interest expense will be recognized over the life of these bonds? 3. Prepare an amortization table for these bonds; use the straight-line method to amortize the premium. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the amount of the premium on these bonds at issuance? Premium
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