Help Submit 5 Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below) NewTech purchases computer equipment for $259,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $27,000 Part 1 of 2 3.33 points Exercise 8-7 Straight-line depreciation LO P1 Prepare a table showing depreciation and book value for each of the four years assuming straight line depreciation, Straighting Depreciation Choose Numerator Choose Denominator Annual Depreciation Depreciation expense Expense Year-End Book Value Annual Depreciation 58.000 Year Year 1 Year 2 Year 3 Year 4 Total $ 58.000