Required information Problem 7-5B (Static) Determine depreciation under three methods (LO7-4) The following information applles to the questions displaycd below] Cheetah Copy purchased a new copy machine. The new machine cost $140,000 including installation. The company estimates the equipment will have a fesidual 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 yeer was as follows: Problem 7.5B (Static) Part 2 2. Prepare a depreciation schedule for four years using the double-declining-balance method. (Hint: The asset will be depreciated in only two years.) (Do not round your intermediate calculations.)