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[ The following information applies to the questions displayed below. ] University Car Wash purchased new soap dispensing equipment that cost $ 2 5 8

[The following information applies to the questions displayed below.]
University Car Wash purchased new soap dispensing equipment that cost $258,000 including installation. The company estimates that the equipment will have a residual value of $28,500. University Car Wash also estimates it will use the machine for six years or about 12,500 total hours. Actual use per year was as follows:
Year Hours Used
12,700
21,500
31,600
42,400
52,200
62,100
Required:
1. Prepare a depreciation schedule for six years using the straight-line method. (Do not round your intermediate calculations.)

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