Quick Copy purchased a new copy machine. The new machine cost $$106,000$ including installation. The company

estimates the equipment will have a residual value of $$26,500.$ Quick Copy also estimates it will use the machine for four

years or about $8,000$ total hours. Actual use per year was as follows:

Problem $7\mathrm{.}5$B $($Algo$)$ Part $3$

Prepare a depreciation schedule for four years using the activity$-$based method. $($Round your "Depreciation Rate" to $3$ decimal

places and use this amount in all subsequent calculations. Round answers to the nearest whole dollar.$)$

Answer is complete but not entirely correct.

QUICK COPY