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Prodiem I - 5 A ( AIgO ) Vetermine depreciation under tnree metnoas ( LU / - 4 ) [ The following information applies to

Prodiem I-5A (AIgO) Vetermine depreciation under tnree metnoas (LU/-4)
[The following information applies to the questions displayed below.]
University Car Wash purchased new soap dispensing equipment that cost $234,000 including installation. The company
estimates that the equipment will have a residual value of $27,000. University Car Wash also estimates it will use the
machine for six years or about 12,000 total hours. Actual use per year was as follows:
Problem 7-5A (Algo) Part 2
Prepare a depreciation schedule for six years using the double-declining-balance method. (Do not round your intermediate
calculations.)
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