Cheetah Copy purchased a new copy machine. The new machine cost $128,000 including installation. The company estimates the equipment will have a residual value of $32,000. Cheetah Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows:

Year	Hours Used
1	2,100
2	1,900
3	1,900
4	3,300

Prepare a depreciation schedule for four years using the straight-line method.

CHEETAH COPY Depreciation ScheduleStraight-Line End of Year Amounts Depreciation Accumulated Book Year Expense Depreciation Value 2 4 Total