Maps Gmai Out 5 Help Saved Darts [The following information applies to the questions displayed below.) 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 was as follows: Year 1 2 3 4 Hours Used 2,900 1,300 1,400 2.600 3. Prepare a depreciation schedule for four years using the activity-based method. (Round your "Depreciation Rate" to 3 decimal places and use this amount in all subsequent calculations.) CHEETAH COPY Depreciation Schedule-Activity-Based End of Year Amounts Depreciation Accumulated Book Value Expense Depreciation $ 28.275$ 28,275 12,675 Year 1 2 3 4 Total $ 40,950