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estimates that the equipment will have a residual value of $ 2 7 , 0 0 0 . University Car Wash also estimates it will
estimates that the equipment will have a residual value of $ University Car Wash also estimates it will use the machine for six years or about total hours. Actual use per year was as follows:
tableYearHours Used
Prepare a depreciation schedule for six years using the doubledecliningbalance method. Do not round your intermediate calculations.
tableUNIVERSITY CAR WASHDepreciation ScheduleDoubleDecliningBalanceEnd of Year AmountsYeartableDepreclationExpensetableAccumulatedDepreciationBook ValueTotal
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