Required informotion IThe following information opplies to the cieestions displiyed beionv] University Car Wash purchased new soap dispensing equ pment that cost $270000 including installation: The company? estimates that the equipment will have a residual value of $24,000. Universty Car Wash also estemates it wal use the machine for sox years or about 12,000 total hours. Actual use per year was as follows: 3. Prepare a depreciation schedule for soxyears using the activity-based method. (Round your "Depreciation Rote" to 2 decimal places and use this amount in oll subsequent colculotions.)