Required information

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

University Car Wash built a deluxe car wash across the street from campus. The new machines cost $$213,000$ including installation. The company estimates that the equipment will have a residual value of $$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:

$\backslash$table$[[$Year$,$Hours Used$],[1,3,000],[2,1,200],[3,1,300],[4,2,700],[5,2,500],[6,1,800]]$

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.$)$

$\backslash$table$[[$UNIVERSITY CAR WASH$],[$Depreciation Schedule$-$Activity$-$Based$],[$End of year amounts$],[$Year$,\backslash$table$[[$Depreciation$],[$Expense$]],\backslash$table$[[$Accumulated$],[$Depreciation$]],$Book Value$],[1,,,],[2,,,],[3,,,],[4,,,],[5,,,],[6,,,],[$Total$,,,]]$