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[The following information applies to the questions displayed below.] One Stop Copy purchased a new copy machine. The new machine cost $114,000 including installation. The
[The following information applies to the questions displayed below.] One Stop 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. One Stop Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows: 3. Prepare a depreciation schedule for four years using the activity-based method. (Round your "Depreciation Rate" to 3 decimal places and use this amount in all subsequent calculations. Round answers to the nearest whole dollar.) \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ ONE STOP COPY } \\ \hline \multicolumn{4}{|c|}{ Depreciation Schedule-Activity-Based } \\ \hline \multicolumn{4}{|c|}{ End of Year Amounts } \\ \hline Year & \begin{tabular}{l} Depreciation \\ Expense \end{tabular} & \begin{tabular}{l} Accumulated \\ Depreciation \end{tabular} & Book Value \\ \hline 1 & & & \\ \hline 2 & & & \\ \hline 3 & & & - \\ \hline 4 & & & \\ \hline Total & $ & & \\ \hline \end{tabular}
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