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value 1.00 points In early January 2015, New Tech purchases computer equipment for $158,000 to use in operating activities for the next four years. It

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value 1.00 points In early January 2015, New Tech purchases computer equipment for $158,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $27.000 Prepare a table showing depreciation and book value for each of the four years assuming double-declining balance depreciation. Double-declining-balance depreciation Depreciation for the Period End of Period Beginning-Year Depreciation Annual Accumulated Year-End Book Book Value Rate Depreciation Depreciation Value 2015 2016 2017 2018 Total 7. value 1.00 points Tory Enterprises pays $240,600 for equipment that will last five years and have a $44,700 salvage value By using the equipment in its operations for five years, the company expects to earn $80,000 annually, afte deducting all expenses except depreciation. (Round your answers to the nearest whole dollar) Calculate annual depreciation expenses using double-declining-balance method. Depreciation for the Period End of Period Beginning of Period Book Depreciation Annual Accumulated Rate Value Book Value Depreciation Depreciation Year Year 1 Year 2 Year 3 Year 4 Year 5 Prepare a table showing income before depreciation, depreciation expense, and net (pretax) income for each year and for the total five-year period, assuming double-declining-balance depreciation. (Net loss should be indicated with a minus sign.) Income Before Depreciation Depreciation Expense Net (Pretax) Income (Loss) Year 1 Year 2 Year 3 Year 4 Year 5 Totals Value: 1.00 points On April 1, 2014, Cyclone's Backhoe Co. purchases a trencher for $270,000. The machine is expected to last five years and have a salvage value of $27.000. Compute depreciation expense for both years ending December 2014 and 2015 assuming the company uses the straight-line method. Straight-line, partial-year depreciation Choose Numerator: Choose Denominator: Annual Depreciation Annual depreciation Fraction of Year Depreciation Expense Year Annual Depreciation 2014 2015

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