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 12,5do total hours. Actual use per year was as follows: Year 1 2 Hours Used 3,000 1,200 1 300 2700 2,500 1,800 4 5 6 Required: 1. Prepare a depreciation schedule for six years using the straight-line method. (Do not round your intermediate calculations.) UNIVERSITY CAR WASH Depreciation ScheduleStraight-Line End of year amounts Depreciation Accumulated Book Value Expense Depreciation Year 1 1 2. 3 4 5 5 6 Total ! Required information 2. Prepare a depreciation schedule for six years using the double-declining- balance method. (Do not round your intermediate calculations.) UNIVERSITY CAR WASH Depreciation Schedule Double Declining-Balance End of year amounts Depreciation Accumulated Year Book Value Expense Depreciation 1 2 4 4 5 6 Total Required in 3. 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.) UNIVERSITY CAR WASH Depreciation Schedule Activity-Based End of year amounts Depreciation Accumulated Book Value Expense Depreciation Year 1 2 3 4 + 5 6 Total 5 6 HERE RES