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Required information [The following information applies to the questions displayed below.] In early January 2018, NewTech purchases computer equipment for $157,000 to use in operating

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Required information [The following information applies to the questions displayed below.] In early January 2018, NewTech purchases computer equipment for $157,000 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. Straight-Line Depreciation Choose Numerator: Choose Denominator: Annual Depreciation Expense = Depreciation expense Year-End Book Value Year Annual Depreciation 2018 2019 2020 2021 Total

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