$[$The following information applies to the questions displayed below.$]$

University Car Wash purchased new soap dispensing equipment that cost $$267,000$ including installation. The company estimates that the equipment will have a residual value of $$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:

$\backslash$table$[[$Year$,$Hours Used$],[1,3,000],[2,1,200],[3,1,300],[4,2,700],[5,2,500],[6,1,300]]$

repare a depreciation schedule for six years using the activity$-$based method. $($Round your "Depreciation Rate" to $2$ decim ces and use this amount in all subsequent calculations.$)$

UNIVERSITY CAR WASH

$\backslash$table$[[$Depreciation Schedule$-$Activity$-$Based$],[$End of Year Amounts$],[$Year$,\backslash$table$[[$Depreciation$],[$Expense$]],\backslash$table$[[$Accumulated$],[$Depreciation$]],$Book Value$],[1,,,],[2,,,],[3,,,],[4,,,],[5,,,],[6,,,],[$Total$,$$$,,]]$