File History Bookmarks Window Help Edit View D newconnect. meducation.com Chapter 8 Homework Help Save & Exit Sub Clay Required information Use the following information for the Exercises below. The following information applies to the questions displayed below.) NewTech purchases computer equipment for $271,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $25,000. 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.) End of Period Depreciation for the Period Beginning.Year Depreciation Annual Book Value Rate Depreciation 50% 135,500 50% 67,750 50% 33,875 50% 8.875 S 246,000 Accumulated Depreciation $ 135,500 203,250 237,125 Year 2 Year 3 Book Value $ 135,500 67.750 33,875 MacBook Pro Tawerulia