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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:

$\backslash$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 double$-$declining$-$balance method. $($Hint: The asset will be depreciated in only two years.$)($Do not round your intermediate calculations.$)$

$\backslash$table$[[$WHILE YOU WAIT COPY$],[$Depreciation Schedule$-$Double$-$Declining$-$Balance$],[$End of Year Amounts$],[$Year$,\backslash$table$[[$Depreciation$],[$Expense$]],\backslash$table$[[$Accumulated$],[$Depreciation$]],$Book Value$],[1,,,],[2,,,],[3,$E$,,],[4,,,],[$Total$,$T$,,]]$