In early January 2013, NewTech purchases computer equipment for $154,000 to use in operating activities...
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Accounting
In early January 2013, NewTech purchases computer equipment for $154,000 to use in operating activities for the next four years. It estimates the equipments salvage value at $25,000.
Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation.
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