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

Required information
Use the following information for the Exercises below. (Algo)
[The following information applies to the questions displayed below.]
NewTech purchases computer equipment for $259,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $27,000.
7.8411.11
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Exercise 8-8(Algo) Double-declining-balance depreciation LO P1
Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation.
Note: Enter all amounts as positive values.
\table[[Year,Depreciation for the Period,End of Period],[\table[[Beginning-],[Year Book],[Value]],\table[[Depreciation],[Rate]],\table[[Annual],[Depreciation]],\table[[Accumulated],[Depreciation]],\table[[Year-End],[Book Value]]],[Year 1,259,000vv,50%,129,500O?,129,500,$,129,500
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