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Required information [The following information applies to the questions displayed below.) NewTech purchases computer equipment for $259,000 to use in operating activities for the next

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Required information [The following information applies to the questions displayed below.) NewTech purchases computer equipment for $259,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $27.000. Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation. Choose Choose Numerator: Denominator: Depreciation Expense Cost minus Estimated useful life Depreciation salvage (years) expense 232,000 58,000 = $ Year Annual Depreciation Year-End Book Value Year $ 1 58,000 Year 2 58,000 Year 143,000 58,000 3 Year 4 85.000 Total $ 228.000

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