work Saved Help Save & Exit Sub Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.) NewTech purchases computer equipment for $274,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $24,000. Exercise 8-8 Double-declining-balance depreciation LO P1 es Prepare a table showing depreciation and book value for each of the four years assuming double-declining- balance depreciation. (Enter all amounts positive values.) End of Period Depreciation for the Period Boginning-Year Depreciation Annual Book Value Rato Doprociation Year Accumulated Depreciation Year-End Book Value Year 1 Year 2 Year 3 Year 4 Total $