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 $237,000 including installation. The company estimates that the equipment will have a residual value of $28,500. 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: Near Hours Used 2,700 2,000 2,100 1,900 1,700 2,100 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 Depreciation Book Value