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Required Information Use the following information for the Exercises below. [The following information applies to the questions displayed below) In early January 2017, NewTech purchases

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Required Information Use the following information for the Exercises below. [The following information applies to the questions displayed below) In early January 2017, NewTech purchases computer equipment for $256,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $21,000. 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 Book Value Rate Annual Depreciation Accumulated Depreciation Year-End Book Value 2017 2018 2010 2020 Total $

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