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Required information [The following information applies to the questions displayed below.] University Car Wash purchased new soap dispensing equipment that cost $261,000 including installation The company estimates that the equipment will have a residual value of $27,000. 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 1 2 3 4 5 6 Hours used 2,800 1,400 1,500 2,500 2,3 2. Prepare a depreciation schedule for six years using the double-declining-balance method. (Do not round your intermediate calculations.) e Answer is not complete. UNIVERSITY CAR WASH Depreciation ScheduleDouble-Declining-Balance End of Year Amounts Year 2 3 4 5 6 Total Depreciation nse Accumulated Book Value De reciation