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U Required information Use the following information for the Exercises below. (Algo) (The following information applies to the questions displayed below) 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 Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. (Enter all amounts as positive values.) Year Depreciation for the Period Beginning-Year Depreciation Annual Book Valuc Depreciation End of Period Accumulated Year End Depreciation Book Value Rate Year 1 Year 2 Year 3 Year 4 Total