17. Required information

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University Car Wash purchased new soap dispensing equipment that cost $213,000 including installation. The company estimates that the equipment will have a residual value of $19,500. 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:

Year	Hours Used
1	3,000
2	1,200
3	1,300
4	2,700
5	2,500
6	1,800

1. Prepare a depreciation schedule for six years using the double-declining-balance method. (Do not round your intermediate calculations.) 2. 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.)