Use the following information for the Exercises below. [The following information applies to the questions displayed below) NewTech purchases computer equipment for $267,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $25,000 Exercise 8-8 Double-declining-balance depreciation LO P1 Prepare a table showing depreciation and book value for each of the four years assuming double declining balance depreciation (Enter all amounts positive values.) 18 End of Period Depreciation for the Period Beginning Year Depreciation Annual Book Value Rate Depreciation Year Accumulated Depreciation Year End Book Value Year 1 Year 2 Year 3 Year 4 Total