Required information [The following information applies to the questions displayed below. In early January 2017, NewTech purchases computer equipment for $257,000 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 double-declining-balance depreciation. (Enter all amounts positive values.) Depreciation for the Period End of Period Annual Beginning-Year Depreciation Book Value Accumulated Year-End Year Depreciation Rate Depreciation Book Value 257,000 2017 $ 50% $ 128,500 128,500 50% 128,500 64,250 2018 64,250 2019 50% 32,125 2020 50% 16,063 Total 240,938