Question: NewTech purchases computer equipment for $ 2 7 0 , 0 0 0 to use in operating activities for the next four years. It estimates

NewTech purchases computer equipment for $270,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $31,000.
Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation.
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\table[[Straight-Line Depreciation],[\table[[Choose],[Numerator:]],1,Choose Denominator:,=,,iation],[Cost minus salvage,I,Estimated useful life (years),=,,nse],[239,000,1,40,=,$,59,750],[Year,Annual Depreciation,,Year-End Book Value],[Year 1,$,59,750,,,],[Year 2,,59,750,,,],[Year 3,,59,750,,,],[Year 4,,59,750,,,],[Total,$,239,000,,,]]
 NewTech purchases computer equipment for $270,000 to use in operating activities

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