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Prepare a table showing depreciation and book value

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Reference no: EM131719993

Question - In early January 2015, 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.

Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation.

Reference no: EM131719993

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