il lo Collectitml mework Saved Help Save & Exit Check The following information applies to the questions displayed below.) NewTech purchases computer equipment for $255,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $20,000. 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.) Depreciation for the Period Year Beginning-Year Depreciation Book Value Rate End of Period Accumulated Year-End Depreciation Book Value Annual Depreciation Year 1 Year 2 Year 3 Year 4 Total