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Required Information The following information applies to the questions displayed below) In early January 2017 NewTech purchases computer equipment for $261,000 to use in operating
Required Information The following information applies to the questions displayed below) In early January 2017 NewTech purchases computer equipment for $261,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $30,000 Prepare a table showing depreciation and book value for each of the four years assurning double declining-balance depreciation (Enter all amounts positive values.) 2017 2018 2010 2020 Total Depreciation for the Period End of Period Yes Depo A Amated LE Book Value Rate Deprecation Deprecation Book Value s 201,000 50W S 130,500 $ 130,500 $ 130,500 130,500 504 8 5.2503 05,250 6 5,250 5 0* 32.825 32.025 50% $ 229 375
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