Required information [The following information applies to the questions displayed below.] In early January 2017, NewTech purchases computer equipment for $154,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $25,000 Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. (Enter all amounts positive values.) Answer is complete but not entirely correct. Depreciation for the Period End of Period Beginning Depreciation Rate Annual Depreciation Accumulated Year-End Year Year Book Depreciation Book Value 77,00077,000 38,500 25,000 13,500 Value 77,000S 2017 2018 2019 2020 Total 154,000 77,000 38,500 25,000 50% 50% 50% 38,500 13,500 8,000 S 137,000 115,500 129,000 130,500