Question: Help Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below. In early January 2017 NewTech
Help Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below. In early January 2017 NewTech purchases computer equipment for $154,000 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-decining-balance depreciation. (Enter all amounts positive values.) lation for the Period End of ulated Year-End ation Book Value Book Value Rate 2017 S 2018 2019 154,000 129,000 25,000
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