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can anyone figure out the book values for me? University Car Wash built a deluxe car wash across the street from campus. The new machines

can anyone figure out the book values for me?
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University Car Wash built a deluxe car wash across the street from campus. The new machines cost $216,000 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 1 2 Hours Used 2,900 1,300 1,400 2,600 2,400 1,900 2. Prepare a depreciation schedule for six years using the double-declining balance method. (Do not round your intermediate calculations.) Year 1 2 3 4 5 UNIVERSITY CAR WASH Depreciation Schedule Double Declining.Balance End of year amounts Depreciation Accumulated Expense Depreciation Book Value $ 72,000 $ 72,000 $ 72.000 40.000 12.000 36.000 32,000 1,520 21 333 173.333 14,222 187 555 3.944 1.065 5 100 400 6 Total

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