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Required Information The following information applies to the questions displayed below) NewTech purchases computer equipment for $154,000 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 $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 straight-line depreciation. Straight-Line Depreciation Choose Denominator Choose Numerator Annual Depreciation Expense Depreciation expense Annual Depreciation Year End Book Value Year 1 Year 2 Year 3 Year 4 Total 0 Required information The following information applies to the questions displayed below) 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.) End of Pedod Depreciation for the Period Beginning-Year Depreciation Annual Book Value Rate Depreciation You Accumulated Depreciation Year-End Book Value Year 1 Year 2 Year 3 Year 4 Total

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