Required information [The following information applies to the questions displayed below.) NewTech purchases computer equipment for $270,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $31,000. Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation. Straight-Line Depreciation Choose Numerator Choose Denominator: Annual Depreciation Expense Depreciation expenso 0 Cost minus salvage Estimated useful life (years) 1 Year Annual Depreciation Year End Book Value Years 59,750 $ 210,250 Year 2 69,750 150,500 Year 3 59,750 90.750 Year 4 59,750 31,000 Total 5 230,000 Required Information [The following information applies to the questions displayed below.) NewTech purchases computer equipment for $270,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $31,000. Prepare a table showing depreciation and book value for each of the four years assuming double-declining balance depreciation. (Enter all amounts positive values.) End of Period Depreciation for the Period Beginning-Year Depreciation Annual Book Value Rate Depreciation Year Accumulated Depreciation Year End Book Value Yoar 1 Year 2 Year 3 Year 4 Total $