Cheetah Copy purchased a new copy machine. The new machine cost $130,000 including installation. The company estimates the equipment will have a residual value of $32,500 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 1 Hours Used 2,000 2,000 2,000 3,200 2. Prepare a depreciation schedule for four years using the double-declining-balance method. (Hint: The asset will be depreciated in only two years.) (Do not round your intermediate calculations.) CHEETAH COPY Depreciation Schedule Double-Declining-Balanco. End of Year Amounts Depreciation Year Expense 1 2 3 4 Total Accumulated Book Value Depreciation