Check my work 7 NewTech purchases computer equipment for $154,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $25,000 ont 1 of 2 Exercise 8-7 (Static) 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 Denominator Choose Numerator: Annual Depreciation Expense Depreciation expenso Costminus salvage Estimated useful life (years) Tim - Annual Depreciation Year-End Book Value Year Year 1 Year 2 Year 3 Year 4 Total $ CSP Me