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Requlred intormstion [The following informaton applies to the questions displayed below.] University Car Wash bullt a deluxe car wash across the street from campus. The
Requlred intormstion [The following informaton applies to the questions displayed below.] University Car Wash bullt 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: 2. Prepare a depreciation schedule for six years using the double-dedining-balance method. (Do not round your Intermedlate celculetions.)
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