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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayod below.] NewTech purchases computer equipment for

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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayod below.] 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 8 -8 (Algo) Double-declining-balance depreciation LO P1 Prepare a tabie showing depreciation and book value for each of the four years assuming double-decining balance depreciation. (Enter all amounts as positive values.)

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