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Check my Required information [The following information applies to the questions displayed below.) University Car Wash built a deluxe car wash across the street from

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Check my 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 $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: Year 1 2. 3 4 5 6 Hours Used 3,000 1,200 1, 30e 2,700 2,500 1,300 2. Prepare a depreciation schedule for six years using the double-declining balance method. (Do not round your intermediate calculations.)

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