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University Car Wash purchased new soap dispensing equipment that cost $$258,000$ including installation. The company estimates that the equipment will have a residual value of $$28,500.$ University Car Wash also estimates it will use the machine for six years or about $12,500$ total hours. Actual use per year was as follows:

$\backslash$table$[[$Year$,$Hours Used$],[1,2,760],[2,1,500],[3,1,600],[4,2,400],[5,2,260],[6,2,100]]$

Prepare a depreciation schedule for six years using the double$-$declining$-$balance method. $($Do not round your intermediate calculations.$)$

$\backslash$table$[[$UNIVERSITY CAR WASH$],[$Depreciation Schedule$-$Double$-$Declining$-$Balance,,$],[$Year$,\backslash$table$[[$Depreciation$],[$Expense$]],\backslash$table$[[$Accumulated$],[$Depreciation$]],$Book Value,$],[1,,,,],[2,,,,],[3,,,,],[4,,,,],[5,,,,],[6,,,,],[$Total$,,,,]]$

Prey

$14,15$

of $16$

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