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Required Information [The following information applies to the questions displayed below] Quick Copy purchased a new copy machine. The new machine cost $112,000 including installation

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Required Information [The following information applies to the questions displayed below] Quick Copy purchased a new copy machine. The new machine cost $112,000 including installation The company estimates the equipment will have a residual value of $28,000. Quick Copy also estimates it will use the machine for fout years or about 8,000 total hours. Actual use per year was as follows: 2. Prepare a depreciation schedule for four years using the double-decining-batance method (thint. The asset will be depreciated in only two years) (Do not round your Intermediate calculations.) Required Information [The following information applies to the questions displayed below.] Quick Copy purchased a new copy machine. The new machine cost $112,000 including installation. The company estimates the equipment will have a residual value of $28,000. Quick Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows: 3. Prepare a depreciation schedule for four years using the activity-based method. (Round your "Depreciation Rote" to 3 decimal places and use this amount in all subsequent calculations. Round answers to the nearest whole dollar.)

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