Required information [The following information applies to the questions displayed below.] Quick Copy purchased a new copy machine. The new machine cost $118,000 including installation. The company estimates the equipment will have a residual value of $29,500. Quick Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows: 3. Prepare a depreciation schedule for four years using the activity-based method. (Round your "Depreciation Rate" to 3 decimal places and use this amount in all subsequent calculations. Round answers to the nearest whole dollar.)