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 2 1,200 3 1,300 4 2,700 5 2,500 1,000 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 Year Depreciation Expense 1 2 3 4 5 6 Total $ Accumulated Book Value Depreciation