NewTech purchases computer equipment for $265,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $29,000. 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. Year Year 1 Year 2 Year 3 Year 4 Total Depreciation for the Period Beginning-Year Depreciation Book Value Rate Annual Depreciation End of Period Accumulated Depreciation Year-End Book Value

NewTech purchases computer equipment for $265,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $29,000. 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