Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.) NewTech purchases computer equipment for $268,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $30,000 Exercise 8-7 Straight-line depreciation LO P1 Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation Straight Depreciation Choose Numerator Choose Denominator: Annual Depreciation Expense Depreciation expense Year Annual Depreciation Year-End Book Value Year 2 Year Total