NewTech purchases computer equipment for $272,000 to use in operating activities for the next four years. It estimates the equipments salvage value at $20,000.

Required information [The following information applies to the questions displayed below.) NewTech purchases computer equipment for $272,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $20,000. Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation. Straight-Line Depreciation Choose Numerator: 1 Choose Denominator: Annual Depreciation Expense = Depreciation expense / Year Annual Depreciation Year-End Book Value Year 1 Year 2 Year 3 Year 4 Total