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Required information Use the following information for the Exercises below. The following information applies to the questions displayed below.) NewTech purchases computer equipment for $273,000

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Required information Use the following information for the Exercises below. The following information applies to the questions displayed below.) NewTech purchases computer equipment for $273,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $26,000. Exercise 8-8 Double-declining-balance depreciation LO P1 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 Rate Annual Depreciation Accumulated Depreciation Year-End Book Value Book Value Year 1 Year 2 Year 3 Year 4 Total

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