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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

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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.) Year Year 1 Year 2 Year 3 Yoar 4 Total Depreciation for the Period End of Period Beginning-Year Depreciation Annual Acoumulated Year-End Book Value Rate Depreciation Depreciation Book Value 3 270,000 S 59.750 $ 210.250 133,500 59.750 150 500 67,500 59.750 90.750 90.750 89,750 38.000 5 239.000

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