4 Part 33 S 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 $258,000 including Installation. The company estimates that the equipment will have a residual value of $28,500. 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: 3,700 PHOOK A 1,500 1,600 2,400 2,200 2,300 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 Depreciation Expense Accumulated Depreciation Book Val 1 2