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[The following information applies to the questions displayed below.] In early January 2017, NewTech purchases computer equipment for $268,000 to use in operating activities for the next four years. It estimates the equipments salvage value at $30,000.

Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation.

Straight-Line Depreciation
	Choose Numerator:	/	Choose Denominator:	=	Annual Depreciation Expense
	Beginning book value/Cost/Cost minus salvage (choose one)	/	Double the SL rate/ Estimated useful life (years)/ Total units of production (choose one)	=	Depreciation expense
		/		=
Year	Annual Depreciation		Year-End Book Value
2017
2018
2019
2020
Total	$