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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 $258,000

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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 $258,000 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.) End of Period Depreciation for the Period Beginning-Year Depreciation Annual Book Value Rate Depreciation Year Accumulated Depreciation Year-End Book Value Yeart Year 2 Year 3 Year 4 Total

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