Required information The following information applies to the questions displayed below.] Cheetah Copy purchased a new copy machine. The new machine cost $108,000 including installation. The company estimates the equipment will have a residual value of $27,000. Cheetah Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows: Year HNM Hours Used 3,000 2,000 1,600 2,400 . Prepare a depreciation schedule for four years using the activity-based method. (Round your "Depreciation Rate" to 3 decimal laces and use this amount in all subsequent calculations.) CHEETAH COPY Depreciation Schedule-Activity-Based End of Year Amounts Depreciation Accumulated Expense Depreciation Book Value Year 1 2 Total