Cheetah Copy purchased a new copy machine. The new machine cost $104,000 including installation. The company estimates the equipment will have a residual value of $26,000. Cheetah Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year wis as follows 2. 1.100 1.400 2,600 3. Prepare a depreciation schedule for four years using the activity based method. (Round your "Depreciation Rote" to 3 decimal places and use this amount in all subsequent calculations.) Year Answer is complete but not entirely correct. CHEETAH COPY Depreciation Schedule Activity Based End of Year Amounts Depreciation Accumulated Book Value Expense Depreciation $ 19.500 19,500 84,500 19,500 39,000 65,000 19,500 58,500 45,500 19,500 78 000 26,000 78,000 1 2 3 4 Total $