Question

NewTech purchases computer equipment for $255,000 to use in operating activities for the next four years. It estimates the eq
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Answer #1

Year

Annual depreciation

Year-end book value

Year 1

58750

196250

Year 2

58750

137500

Year 3

58750

78750

Year 4

58750

20000

Total

235000

Year –end book value = beginning balance – depreciation

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