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Required information [The following information applies to the questions displayed below) NewTech purchases computer equipment for $255,000 to use in operating activities for the

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Required information [The following information applies to the questions displayed below) NewTech purchases computer equipment for $255,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $20,000. Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation (Enter all amounts as positive values.) Depreciation for the Period End of Period Year Book Value Beginning Year Depreciation Rate: Annual i Depreciation Accumulated Depreciation Year-End Book Value Year 1 Year 2 Year 31 Year 4 Total

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