SPN IC Portal/K12 Alert... Imported From Sa... Netflix - Watch TV... 7 Homework Saved Help Save & EX Chec 5 Required information Problem 7-5A Determine depreciation under three methods (L07-4) [The following information applies to the questions displayed below) wt 3 of 3 5 University Car Wash built a deluxe car wash across the street from campus. The new machines cost $270,000 including installation. The company estimates that the equipment will have a residual value of $24,000. 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: Year Hours Used 3,100 1,100 1,200 2,800 2,600 1,200 eBook 1 2 3 4 5 6 Print ferences Problem 7-5A Part 3 3. Prepare a depreciation schedule for six years using the activity-based method. (Round your "Depreciation Rate" to 2 decimal places and use this amount in all subsequent calculations.) UNIVERSITY CAR WASH Depreciation Schedule-Activity-Based End of year amounts Depreciation Accumulated Expense Depreciation Book Value Year ...pptx - STAT200 Chap potx Anders Scapoli....xlsx History 112 ML.docx History 112 M.docx