NewTech purchases computer equipment for $\backslash (\backslash$$ $262,000\backslash )$ to use in operating activities for the next four years. It estimates the equipment's salvage value at $\backslash (\backslash$$ $21,000\backslash ).$

Prepare a table showing depreciation and book value for each of the four years assuming double$-$declining$-$balance depreciation.

Note: Enter all amounts as positive values.

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|$c$|$c$|$c$|\}$

$\backslash$hline & $\backslash$multicolumn$\{2\}\{|$c$|\}\{$ Depreciation for the Period $\}$ & $\backslash$multicolumn$\{2\}\{$c$|\}\{$ End of Period $\}\backslash \backslash$

$\backslash$hline Year & $\backslash$begin$\{$tabular$\}\{$c$\}$

Beginning$-$Year $\backslash \backslash$

Book Value

$\backslash$end$\{$tabular$\}$ & $\backslash$begin$\{$tabular$\}\{$c$\}$

Depreciation $\backslash \backslash$

Rate

$\backslash$end$\{$tabular$\}$ & $\backslash$begin$\{$tabular$\}\{$c$\}$

Annual $\backslash \backslash$

Depreciation

$\backslash$end$\{$tabular$\}$ & $\backslash$begin$\{$tabular$\}\{$c$\}$

Accumulated $\backslash \backslash$

Depreciation

$\backslash$end$\{$tabular$\}$ & $\backslash$begin$\{$tabular$\}\{$c$\}$

Year$-$End $\backslash \backslash$

Book Value

$\backslash$end$\{$tabular$\}\backslash \backslash$

$\backslash$hline Year $1$ & & & & & $\backslash \backslash$

$\backslash$hline Year $2$ & & & & $\backslash \backslash$

$\backslash$hline Year $3$ & & & & $\backslash \backslash$

$\backslash$hline Year $4$ & & & & $\backslash \backslash$

$\backslash$hline Total & & & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$