14 [The following information applies to the questions displayed below.) Part 3 ota University Car Wash built a deluxe car wash across the street from campus. The new machines cost $267,000 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: Yoar 0.88 points 2 3 Bours Used 3,000 1,200 1.300 2,700 2,500 1.300 BO Print 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.) References UNIVERSITY CAR WASH Depreciation Schedule Activity Based End of yoar amounts Depreciation Accumulated Book Value Expanse Depreciation Year 1 2 3 4 5 Total $