Cheetah Copy purchased a new copy machine. The new machine cost $138,000 including installation. The company estimates the equipment will have a residual value of $34,500. 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

2,000

2

2,000

3

2,000

4

3,600

3.	Prepare a depreciation schedule for four years using the activity-based method. (Round your "Depreciation Rate" to 2 decimal places.)