Use the following information for the Exercises below.

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[The following information applies to the questions displayed below.] NewTech purchases computer equipment for $267,000 to use in operating activities for the next four years. It estimates the equipments salvage value at $25,000.

rev: 07_27_2017_QC_CS-94103

Exercise 8-7 Straight-line depreciation LO P1

Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation.

Straight-Line Depreciation
	Choose Numerator:	/	Choose Denominator:	=	Annual Depreciation Expense
		/		=	Depreciation expense
		/		=	0
Year	Annual Depreciation		Year-End Book Value
Year 1
Year 2
Year 3
Year 4
Total	$0