NewTech purchases computer equipment for $264,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $28,000. 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. End of Period Depreciation for the Period Beginning-Year Depreciation Annual Book Value Rate Depreciation Accumulated Depreciation Year-End Book Value Yes Year 2 Years Total