Required information [The following information applies to the questions displayed below) NewTech purchases computer equipment for $257,000 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. Straight Line Dapreciation Choose Denominator Choose Numerator: Annual Depreciation Exponse - Depreciation expense $ 58,250 Estimated useful life (years) 4 Year End Book Valte Cost minus salvage 5 233 000 Year Annual Depreciation Year 1 Year 2 Year 3 Year 4 Total Required information [The following information applies to the questions displayed below. NewTech purchases computer equipment for $257,000 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 double-declining balance depreciation (Enter all amounts positive values.) Depreciation for the Period End of Period Year Beginning-Year Depreciation Annual Accumulated Year-End Book Value Rate Depreciation Depreciation Book Value Year 1 $ 257000 Year 2 Year 3 Year 4 Total S 0