Question: Question b (678) value: 5.00 points In early January 2011, LabTech purchases computer equipment for $147,000 to use in operating activities for the next four
Question b (678) value: 5.00 points In early January 2011, LabTech purchases computer equipment for $147,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $30,000. Prepare a table showing depreciation and book value for each of the four years assuming double-declining- balance depreciation End of Period Depreciation for the Period Beginning of Period Book Depreciation Annual Rate Value Depreciation Year Accumulated Depreciation Book Value 2011 2012 2013 2014 Total $
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