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! Required information [ The following information applies to the questions displayed below. ] While You Wait Copy purchased a new copy machine. The new

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While You Wait Copy purchased a new copy machine. The new machine cost $116,000 including installation. The company estimates the equipment will have a residual value of $29,000. While You Wait Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows:
\table[[Year,Hours Used],[1,2,800],[2,2,000],[3,2,000],[4,2,000]]
Prepare a depreciation schedule for four years using the activity-based method. (Round your "Depreciation Rate" to 3 decimal places and use this amount in all subsequent calculations. Round answers to the nearest whole dollar.)
\table[[WHILE YOU WAIT COPY],[Depreciation Schedule-Activity-Based],[End of Year Amounts],[Year,\table[[Depreciation],[Expense]],\table[[Accumulated],[Depreciation]],Book Value],[1,,,],[2,,,],[3,1515,,],[4,,,],[Total,$,,-]]
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