On April 22, 2023, Blossom Enterprises purchased equipment for $129,600. The company expects to use the equipment for 10,500 working hours during its four-year life and that it will have a residual value of $12,000. Blossom has a December 31 year end and pro-rates depreciation to the nearest month. The actual machine usage was: 1,500 hours in 2023;2,500 hours in 2024; 3,500 hours in 2025; 2,200 hours in 2026; and 1,000 hours in 2027. (a2) Your answer is incorrect. Prepare a depreciation schedule for the life of the asset under the double diminishing-balance method. (Round partial-period depreciation rate to 4 decimal palces, e.g. 15.2563\% and other answers to 0 decimal places, eg. 5,276.) eTextbook and Media Prepare a depreciation schedule for the life of the asset under the double diminishing-balance method. (Round partial-period depreciation rate to 4 decimal palces, eg. 15.2563\% and other answers to 0 decimal places, eg. 5, 276.)