Saved Help work Use the following information for the Exercises below. [The following information applies to the questions displayed below.) NewTech purchases computer equipment for $273,000 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 Cost minus salvage Estimated useful life (years) Annual Depreciation Year-End Book Value Year Year 1 Year 2 Year 3 Year 4 Total $