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Required information Use the following information for the Exercises below. ( Static ) [ The following information applies to the questions displayed below. ] NewTech

Required information
Use the following information for the Exercises below. (Static)
[The following information applies to the questions displayed below.]
NewTech purchases computer equipment for $154,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $25,000.
Exercise 8-8(Static) 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.
Note: Enter all amounts as positive values.
\table[[Year,Depreciation for the Period,End of Period],[\table[[Beginning-Year],[Book Value]],\table[[Depreciation],[Rate]],\table[[Annual],[Depreciation]],\table[[Accumulated],[Depreciation]],\table[[Year-End],[Book Value]]],[Year 1,,,,,],[Year 2,,,,,],[Year 3,,,6,800,,],[Year 4,,,,,],[Total,,,6,800,,]]
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