The following information applies to the questions displayed below.) Cheetah Copy purchased a new copy machine. The new machine cost $114,000 including installation. The company estimates the equipment will have a residual value of $28,500. Cheetah Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows: Year 1 2 3 4 Hours Used 2,000 2,000 2,000 3,200 oblem 7-5B Part 1 quired: Prepare a depreciation schedule for four years using the straight-line method. (Do not rou ur intermediate calculations.) CHEETAH COPY Depreciation ScheduleStraight-Line End of Year Amounts Depreciation Accumulated Book Value Expense Depreciation Year 1 2 3 4 Total