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The following information applies to the questions displayed below.J University Car Wash built a deluxe cer wash across the street from campus. The new machines

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The following information applies to the questions displayed below.J University Car Wash built a deluxe cer wash across the street from campus. The new machines cost $228,000 including installation. The company estimates that the equipment will have a residual valueo six years or about 12,000 total hours. Actual use per year was as follows: f $24,000. University Car Wash also estimates it will use the machine for Hours Used 3,000 1,700 1,800 2,200 2,000 1,300 Year 5

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