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 5255.000 including Installation. The company estimates that the equipment will have a residual value of $22.500. 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 follow rear 1 2 3 Hours Used 3.100 1,600 1,700 2.300 2.100 1.700 Required: Prepare a depreciation schedule for six years using the straight line method (Do not round your intermediate calculations) UNIVERSITY CAR WASH Depreciation Schedule Straight End of year mounts Accumulated Expense Depreciation Book Value 1