part 1 and 2 same question

Required information The following information applies to the questions displayed below] In early January 2017, NewTech purchases computer equipment for $262,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $21,000 Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation. Answer is complete but not entirely correct. Straight-Line Depreciation Annual Depreciation Expense Depreciation asoo Numerator: Choose Denominator: Cost minus salvage Estimated useful life (years) expense 241,000 60,250 Annual Depreciation 60,250 Year Year-End Book Value 2017 180,750 2018 60.250 120,500 2019 60,250 60,250 x 2020 60,250 00020 Total 241,000 Required information The following information applies to the questions displayed below.] In early January 2017, NewTech purchases computer equipment for $262,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $21,000. Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. (Enter all amounts positive values.) Depreciation for the Period End of Period Beginning-Year Depreciation Book Value Accumulated Depreciation Annual Year-End Book Value Rate Depreciation 2017 2018 2019 2020 Total