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Question: required information the following information applies to the questions displayed...

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Required information The following information applies to the questions displayed below In early January 2017, NewTech purchases computer equipment for $272,000 to use in operating activities for the next four years. It estimates the equipments salvage value at $20,000 Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. Enter all amounts positive values.) Depreciation for the Period End of Penod Beginning-Year DepreciationAnnualAccumulated Year-End Book Value Rate Depreciation Book Value 2017 2018 2019 2020 Total 50% 50% 50% 50% S 136 000 73,000 41,500 10,000 S 260.500 $ 136 000 209,000 250,500 260,500 $ 136 000 68,000 34,000 34,000
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