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[The following information applies to the questions displayed below.] NewTech purchases computer equipment for $264,000 to use in operating activities for the next four years.
[The following information applies to the questions displayed below.]
NewTech purchases computer equipment for $264,000 to use in operating activities for the next four years. It estimates the equipments salvage value at $28,000.
Please help solve to understand the calculation, thanks!
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
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