Required Information [The following information applies to the questions displayed below] University Car Wash purchased new soap dispensing equipment that 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: Year 1 Hours Used 3,000 1,200 1,300 2,700 2,500 1,000 Required: 1. Prepare a depreciation schedule for six years using the straight-line method. (Do not round your Intermediate calculations.) Year Answer is not complete. UNIVERSITY CAR WASH Depreciation Schedule-Straight-Line End of Year Amounts Depreciation Accuritated Expense Book Value Depreciation 1 S 32,250 s 32.250 2 32,250 64,500 3 32,250 96,750 O 4 32.250 129.000 5 32,250 161,250 6 32.250 193,500 Total S 193,500