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[The following information applies to the questions displayed below.) NewTech purchases computer equipment for $154,000 to use in operating activities for the next four years.

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[The following information applies to the questions displayed below.) NewTech purchases computer equipment for $154,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $25,000. 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. Year Year 1 Year 2 Depreciation for the Period End of Period Beginning- Year Book Depreciation Annual Accumulated Year-End Value Rate Depreciation Depreciation Book Value $ 154,000 50% $ 32,250 $ 32,250 $ $ 121,750 % 121,750 X 50% 32,250 % 64,500 89,500 89,500 50% 32,250 X 96.750 57,250 57,250 50% 32,250 X 129,000 25,000 $ 129.000 Year 3 Year 4 Total

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