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Return to question The following information applies to the questions displayed below] In early January 2017, NewTech purchases computer equipment for $266,000 to use in

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Return to question The following information applies to the questions displayed below] In early January 2017, NewTech purchases computer equipment for $266,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $27,000. t 2 of 2 ts Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. (Enter all amounts positive values.) Answer is complete but not entirely correct. Depreciation for the Period End of Period Beginning- Depreciation Annual Depreciation DepreciationBook Value Year-End Accumulated Year Year Book Rate Value 50% s 133,000 s 133,000 s 133,000 50960 2017 2018 2019 2020 Total 266,000 133,000 66,500 33,250 199,500 o 66,500 o 50% 50% 66,500. 33,250 6,750 33,250 6,25001 67500 27,000 6,750 27,000 $ 239,000

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