12 Check my work 1 of 3 -Book Print erences Required information [The following information applies to the questions displayed below.] University Car Wash built a deluxe car wash across the street from campus. The new machines cost $228,000 including installation. The company estimates that the equipment will have a residual value of $24,000. 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 2 Hours Used 3,000 1,700 1,800 2,200 2,000 1,300 Required: 1. Prepare a depreciation schedule for six years using the straight-line method. (Do not round your intermediate calculations.) LINIVERSITY CAR WASH 12 Part 1 of 3 Required: Chevymy work 1. Prepare a depreciation schedule for six years using the straight-line method. (Do not round your intermediate calculations.) 0.88 points UNIVERSITY CAR WASH Depreciation Schedule-Straight-Line End of year amounts Accumulated Depreciation Year Depreciation Expense eBook 1 2 Print 3 References 4 5 6 Total $ Mc Book Value < Prev 12 13 14 of 17 Next > Check my work 2. Prepare a depreciation schedule for six years using the double-declining-balance method. (Do not round your intermediate calculations.) UNIVERSITY CAR WASH Depreciation Schedule-Double-Declining-Balance End of year amounts Year Depreciation Accumulated Expense Book Value Depreciation 1 2 3 4 5 6 Total $ 0 < Prev 13 14 14 of 17 Next > 14 3 of 3 Check my work 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.) UNIVERSITY CAR WASH Depreciation Schedule-Activity-Based End of year amounts Year Depreciation Expense Book 1 2 Print 3 Terences 4 5 6 Total Accumulated Depreciation Book Value M 14. of 17 Next > 9