12. 0.66 points Required Information Required 1. Prepare a depreciation schedule for six years using the straight-line method. (Do not round your intermediate calculations. Round your answers to the nearest dollar amount.) The following information applies to the questions displayed below UNIVERSITY CAR WASH University Car Wash built a deluxe car wash across the street from campus. The new machines cost $240,000 including installation. The company estimates that the equipment will have a residual value of $30,000. University Car Wash also estimates it will use the machine for six years or about 12,000 total hours. Actual use per year was as follows: Depreciation Sch End of year amounts Depreciation Accumulated Year ciation Book Value Year Hours Used 2,600 2,100 2,200 1800 1,600 1700 Total 13 Required information 0.66 points 2. Prepare a depreciation schedule for six years using the double-declining-balance method. (Do not round your intermediate calculations. Round your answers to the nearest dollar amount.) Required Information UNIVERSITY CAR WASH The following information applies to the questions displayed below Depreciation Schedu End of year amounts University Car Wash built a deluxe car wash across the street from campus. The new machines cost $240,000 including installation. The company estimates that the equipment will have a residual value of S30,000. University Car Wash also estimates it will use the machine for six years or about 12,000 total hours. Actual use per year was as follows Depreciation Book Value clation Year Hours Used 2,600 2100 2,200 1,800 1,600 1700 Total ReferenceseBook &Resources 14. 0.66 points Required information 3. Prepare a depreciation schedule for six years using the activity-based method. (Round your "Depreciation Rate" to 2 decimal places and use this amount in all subsequent calculations.) Required Information The following information applies to the questions displayed below. UNIVERSITY CAR WASH Depreciation Schedule-Activity-Based End of year amounts University Car Wash built a deluxe car wash across the street from campus. The new machines cost $240,000 including installation. The company estimates that the equipment will have a residual value of $30,000. University Car Wash also estimates it will use the machine for six years or about 12,000 total hours. Actual use per year was as follows Year eciation Book Value Hours Used 2,600 2,100 2,200 1,800 .600 1700 Tota References eBook &Resources