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

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One Stop Copy purchased a new copy machine. The new machine cost $108,000 including installation. The company estimates the equipment will have a residual value of $27,000. One Stop 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],[1,3,000],[2,2,000],[3,1,600],[4,2,400]]
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.)
\table[[ONE STOP COPY],[Depreciation Schedule-Double-Declining-Balance],[End of Year Amounts],[Year,\table[[Depreciation],[Expense]],\table[[Accumulated],[Depreciation]],Book Value],[1,,,],[2,,,],[3,,,3],[4,,,],[Total,,?,]]
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