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Required information

Use the following information for the Exercises below. $($Algo$)$

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NewTech purchases computer equipment for $$271,000$ to use in operating activities for the next four years. It estimates the equipment's salvage value at $$25,000.$

Exercise $10-8($Algo$)$ Double$-$declining$-$balance depreciation LO P$1$

Prepare a table showing depreciation and book value for each of the four years assuming double$-$declining$-$balance depreciation. Note: Enter all amounts as positive values.

$\backslash$table$[[$Year$,$Depreciation for the Period,End of Period$],[\backslash$table$[[$Beginning$-$Year$],[$Book Value$]],\backslash$table$[[$Depreciation$],[$Rate$]],\backslash$table$[[$Annual$],[$Depreciation$]],\backslash$table$[[$Accumulated$],[$Depreciation$]],\backslash$table$[[$Year$-$End$],[$Book Value$]]],[$Year $1,,,,,],[$Year $2,,,,,],[$Year $3,,,,,],[$Year $4,,,,,],[$Total$,,,$$$,,]]$