1.5 Connect Application Assignment: Depreciation Methods Saved 3 Part 1 of 2 Before you start working on this problem, watch the Hint video. This video shows you exactly how to work this problem. [The following information applies to the questions displayed below.) NewTech purchases computer equipment for $273,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $26,000. 20 points eBook Hint Ask Important Note! Before you start working on this problem, watch the Hint video. This video shows you exactly how to work this problem. Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation. Print Choose Numerator: References Straight-Line Depreciation Choose Denominator: I 1 Year Annual Depreciation Year 1 Year 2 Year 3 Year 4 Total Annual Depreciation Expense = Depreciation expense Year-End Book Value