Required information [The following information applles to the questions displayed below.] University Car Wash bulit a deluxe car wash across the street from campus. The new machines cost $240,000 including Installation. The company estimates that the equipment will have a residual value of $30,000. University Car Wash also estimates it will use the machine for six years or about 12,000 total hours. Actual use per year was as follows: 3. Prepare a depreclation schedule for six years using the actlvity-based method. (Round your "Depreclation Rate" to 2 decimal pleces and use this amount in all subsequent calculations.)