Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) NewTech purchases computer equipment for $258,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $26,000. Exercise 8-7 Straight-line depreciation LO P1 Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation Straight-Line Depreciation Choose Numerator Choose Denominator: Annual Depreciation Expense Depreciation expense 0 Annual Depreciation Year-End Book Value Year Yoar 1 Your 2 Your 3 Year 4 Total $