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This is a three part question Required information [The following information applies to the questions displayed below) University Car Wash built a deluxe car wash

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This is a three part question
Required information [The following information applies to the questions displayed below) University Car Wash built a deluxe car wash across the street from campus The new machines cost $213.000 including installation The company estimates that the equipment will have a residual value of $19,500. University Car Wash also estimates it will use the machine for six years of about 12,500 total hours. Actual use per year was as follows: Year 1 2 3 Hours Used 3.000 1,200 1,300 2,780 2.500 1.800 5 Required: 1. Prepare a deprecation schedule for six years using the straight-line method (Do not round your intermediate calculations.) UNIVERSITY CAR WASH Depreciation Schedule Straight Linn End of year amounts Depreciation Accumulated Expense Depreciation Year Book Value 1 2 3 4 5 6 Total O Required information The following information applies to the questions displayed below! University Car Wash built a deluxe car wash across the street from campus The new machines cost 5213 000 including installation The company estimates that the equipment will have a residual value of $19,500 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 Ye Hours Used 3.000 1.200 1,500 2.703 2,500 1.00 2. Prepare a depreciation schedule for six years using the double-declining balance method. (Do not round your intermediate calculations.) UNIVERSITY CAR WASH Depreciation Schedule-Double Declining Balance End of year amounts Year Depreciation Accumulated Book Value Expense Depreciation 1 2 3 4. 5 6 Total Required information [The following information applies to the questions displayed below) University Car Wash built a deluxe car wash across the street from campus. The new machines cost $213.000 including installation. The company estimates that the equipment will have a residual value of $19.500. 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 1 2 Hours Used 3,000 1,200 1,300 2.700 2,500 1,500 4 3. Prepare a depreciation schedule for six years using the activity-based method (Round your "Depreciation Rate" to 2 decimal places and use this amount in all subsequent calculations.) UNIVERSITY CAR WASH Depreciation Schedule-Activity Based End of year amounts Depreciation Accumulated Book Value Expense Depreciation Year 1 2 3 4 5 6 Total

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