One Stop Copy purchased a new copy machine. The new machine cost $138,000 including installation. The company estimates the equipment will have a residual value of $34,500. One Stop Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows:

Required information [The following information applies to the questions displayed below] One Stop Copy purchased a new copy machine. The new machine cost $138,000 including installation. The company estimates the equipment will have a residual value of $34,500. One Stop Copy also estimates it will use the machine for four years or about 8.000 total hours. Actual use per year was as follows: Required: 1. Prepare a depreciation schedule for four years using the straight-line method. (Do not round your intermediate calculations.)