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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

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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 $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 Hours Used 3.000 1,200 1,300 2,700 2,500 1,800 Tequired: Prepare a depreciation schedule for six years using the straight-line method. (Do not round your intermediate calculations.) UNIVERSITY CAR WASH Depreciation ScheduleStraight-Line End of year amounts Depreciation Accumulated Expense Depreciation Book Value Total 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 $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 Hours Used 3,000 1,200 1. 309 2,709 2.500 1,80e 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 Accumulated Expense Depreciation Book Value Total 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 $213,000 including uipment 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 Hours Used 3,000 1,200 1,300 2.700 2,500 1,800 3. Prepare a depreciation schedule for six years using the activity based method. (Round your "Depreciation Rate" to 2 decimal places and use this amount in all subsequent calculations.) UNIVERSITY CAR WASH Depreciation Schedule-Activity-Based End of year amounts Depreciation Accumulated Book Value Expense Depreciation Year

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