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Required information (The following informetion apples to the questions cispiloyed below) University Car Wash bult a delue car wash across the street from campus. The
Required information (The following informetion apples to the questions cispiloyed below) University Car Wash bult a delue car wash across the street from campus. The new mochines cost $240.000, including instalation. The compary estimates that the equipment will have a residaal value of $30,000 University Cor Wash also estimates a will use the machine for six ye ars or about 12.000 total houts. Actual use per year was as follows 3. Prepare a depreciation schedule for six years using the activily-based method Nott: Aound your "Depreciation Rate" to 2 decimal ploces and vie this omount in all subsequent ealculations
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