Required information

$[$The following information applies to the questions displayed below.$]$

University Car Wash purchased new soap dispensing equipment that cost $$210,000$ including installation. The company

estimates that the equipment will have a residual value of $$19,500.$ University Car Wash also estimates it will use the

machine for six years or about $12,500$ total hours. Actual use per year was as follows:

Prepare a depreciation schedule for six years using the activity$-$based method. $($Round your "Depreciation Rate" to $2$ decimal

places and use this amount in all subsequent calculations.$)$

Required information

$[$The following information applies to the questions displayed below.$]$

University Car Wash purchased new soap dispensing equipment that cost $$210,000$ including installation. The company

estimates that the equipment will have a residual value of $$19,500.$ University Car Wash also estimates it will use the

machine for six years or about $12,500$ total hours. Actual use per year was as follows:

Prepare a depreciation schedule for six years using the double$-$declining$-$balance method. $($Do not round your intermediate

calculations.$)$

Required information

$[$The following information applies to the questions displayed below.$]$

University Car Wash purchased new soap dispensing equipment that cost $$210,000$ including installation. The company

estimates that the equipment will have a residual value of $$19,500.$ University Car Wash also estimates it will use the

machine for six years or about $12,500$ total hours. Actual use per year was as follows:

Prepare a depreciation schedule for six years using the double$-$declining$-$balance method. $($Do not round your intermediate

calculations.$)$