Required information Problem 7.5B (Static) Determine depreciation under three methods (LO7-4) The following information applies to the questions displayed below) Cheetah Copy purchased a new copy machine. The new machine cost $140,000 including installintion. The company estimates the equipment will have o residual value of $35,000. 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. Problem 7.5B (Static) 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.)