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Problem 7 - 5 B ( Algo ) Determine depreciation under three methods ( L 0 7 - 4 ) [ The following information applies

Problem 7-5B (Algo) Determine depreciation under three methods (L07-4)
[The following information applies to the questions displayed below.]
While You Wait Copy purchased a new copy machine. The new machine cost $116,000 including installation. The company estimates the equipment will have a residual value of $29,000. While You Wait Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows:
\table[[Year,Hours Used],[1,2,800],[2,2,000],[3,2,000],[4,2,000]]
Problem 7-5B (Algo) Part 1
Required:
Prepare a depreciation schedule for four years using the straight-line method. (Do not round your intermediate calculations.)
\table[[WHILE YOU WAIT COPY],[,\table[[Depreciation Schedule-Straight-Line],[End of Year Amounts]],],[Year,\table[[Depreciation],[Expense]],\table[[Accumulated],[Depreciation]],Book Value],[1,,,],[2,,,],[3,,,],[4,,,],[Total,,,]]
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