Cheetah Copy purchased a new copy machine. The new machine cost $140,000 including installation. The company estimates the equipment will have a residual value of $35,000. 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	3,000
2	2,000
3	2,000
4	2,000

Required:

1. Prepare a depreciation schedule for four years using the straight-line method. (Do not round your intermediate calculations.)

YEAR	Depreciation Expense	ACCUMULATION Depreciation	Book value
1
2
3
4