Required information [The following information applies to the questions displayed below] University Car Wash purchased new soap dispensing equipment that cost $264,000 including installation. The company estimates that the equipment will have a residual value of $25,500. 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: equired: Prepare a depreciation schedule for six years using the straight-line 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 $264,000 including installation. The company estimates that the equipment will have a residual value of $25,500. 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 2. 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 $264.000 including installation. The company estimates that the equipment will have a residual value of $25,500. 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 3. Prepare a depreciation schedule for six years using the activity-based method. (Round your "Depreciation Rote" to 2 decimal blaces and use this amount in all subsequent calculations.)