prepare a depreciation schedule for four years using the activity based method.

Required Information [The following information applies to the questions displayed below) Cheetah Copy purchased a new copy machine. The new machine cost $100,000 including installation. The company estimates the equipment will have a residual value of $25.000. 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 Hours Used 3,000 2,000 1,200 3. Prepare a depreciation schedule for four years using the activity-based method (Round your "Depreclatlon Rate" to 3 decimal places and use the amount in all subsequent calculations.) CHEETAH COPY Depreciation Schedule Activity Based End of Year Amounts Deprecution Accumulated Depreciation Book Value 1 2