Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.) 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. Straight-Line Depreciation Choose Numerator: Choose Denominator: Estimated useful life (years) 1 Cost minus salvage $ 239,000 Year Year 1 Year 2 Year 3 Year 4 Total $ Annual Depreciation Expense Depreciation expense S 59,750 Year-End Book Value 133,000 66,500 33,250 27,000 Annual Depreciation 133,000 $ 66,500 33,250 X 6,250 X 239,000 $