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Required Information [The following information applies to the questions displayed below] In early January 2017, NewTech purchases computer equipment for $263,000 to use in operating

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Required Information [The following information applies to the questions displayed below] In early January 2017, NewTech purchases computer equipment for $263,000 to use in operating activities for the next four years, it estimates the equipment's salvage value at $24,000. Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation

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