work Help Required information Use the following information for the Exercises below. The following information applies to the questions displayed below) NewTech purchases computer equipment for S264,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $28,000 rev: 07_27_2017_QC CS-94103 Exercise 8-8 Double-declining-balance depreciation LO P1 Prepare a table showing depreciation and book value for each of the four years assuming double-declining balance depreciation Enter all amounts positive values.) Depreciation for the Period End of Pied Beginning-Year Depreciation Accumulated Book Value Depreciation Depreciatio Book Year Year tv R G Search or type URL & 7 $ 4 8 9 0 5 6 2 3 0 Y U T R W E J K L F G H D S 5 B. N. M. V C Z 9 commal Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) On April 1, Cyclone's Co. purchases a trencher for $300,000. The machine is expected to last five years and have a salvage value of $50,000, Exercise 8-11 Straight-line, partial-year depreciation LO C2 Compute depreciation expense at December 31 for the first and second year assuming the company uses the straight-line method. Choose Numerator: Choose Denominator: * Annual Depreciation - Annual depreciation 0 Depreciation Expense Year Annual Depreciation X Fraction of Year First year Second year otv 5 G Search or type URL D A & # $ 4 0 00 7 2 3 5 6 0 P U W E R Y T J L H G S D F B N M 7 V X . CH Exercise 8-13 Revising depreciation LO C2 Apex Fitness Club uses straight-line depreciation for a machine costing $28,600, with an estimated four year life and a $2,450 salvage value. At the beginning of the third year, Apex determines that the machine has three more years of remaining useful life, after which it will have an estimated $2,000 salvage value Required: 1. Compute the machine's book value at the end of its second year. 2. Compute the amount of depreciation for each of the final three years given the revised estimates. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the machine's book value at the end of its second year Book Value at the End of Year 2: Cost $ 28.600 Accumulated depreciation 2 years Book value at point of revision 5 28.600 Required 2 > tv @ 3 G Search or type URL D $ % 5 7 8 9 6 0 2 3 0 1 Y C T R W E L C F H D G S A > . N C V B N I command otion command Apex Fitness Club uses straight-line depreciation for a machine costing $28,600, with an estimated four-year life and a $2.450 salvage value. At the beginning of the third year, Apex determines that the machine has three more years of remaining useful life, after which it will have an estimated $2,000 salvage value Required: 1. Compute the machine's book value at the end of its second year 2. Compute the amount of depreciation for each of the final three years given the revised estimates. Complete this question by entering your answers in the tabs below. Required: Required 2 Compute the amount of depreciation for each of the final three years given the revised estimates. (Do not round intermediate calculations. Round your answers to the nearest whole dollar.) Revised Depreciation (Years 3-5) Book out point of revision Revised salvage value Remaining depreciable cost Years of remaining Revised annual depreciation years 3-5 ctv G Search or type URL D & 7 9 1 0 $ 4 6 8 5 3 2 0 1 Y U T R W L J H G F A S D