Required information Whe following information applies to the questions displayed below] University Car Wash purchased new soap dispensing equipment that cost $270,000 inclucing instalation. The cormpany estamates that the equipment will have a tesidual value of 524,000 . University Car Wash also estimates it will use the machine for sax years of about 12,000 total hours. Actual use per year was as tollows: Required: 1. Prepare a depreciation schedule for sixyears using the straight-line method (Do not round your intermediote colculations.)