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! Required information Problem 7 - 5 B ( Algo ) Determine depreciation under three methods ( LO 7 - 4 ) [ The following

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Problem 7-5B (Algo) Determine depreciation under three methods (LO7-4)
[The following information applies to the questions displayed below.]
While You Wait Copy purchased a new copy machine. The new machine cost $130,000 including installation. The company estimates the equipment will have a residual value of $32,500. 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],[1,2,000],[2,2,000],[3,2,000],[4,3,200]]
Problem 7-5B (Algo) Part 3
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.)
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