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Cheetah Copy purchased a new copy machine. The new machine cost $126,000 including installation. The company estimates the equipment will have a residual value of $31,500. 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:

Year	Hours Used
1	2,000
2	2,000
3	2,000
4	3,200

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.)

1. Prepare a depreciation schedule for four years using the straight-line method. (Do not round your intermediate calculations.) CHEETAH COPY Depreciation ScheduleStraight-Line End of Year Amounts Depreciation Accumulated Expense Book Value Depreciation Year 1 2 This is a numeric cell, so please enter numbers only. 3 4 Total 0