12 1 of 3 S -Book Print erences Check my work 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 $228,000 including installation. The company estimates that the equipment will have a residual value of $24,000. University Car Wash also estimates it will use the machine for six years or about 12.000 total hours. Actual use per year was as follows: Year Hours Used 1 3,000 2 1,700 1,800 2,200 2,000 1,300 Required: 1. Prepare a depreciation schedule for six years using the straight-line method. (Do not round your intermediate calculations.) UNIVERSITY CAR WASH 12 Part 1 of 3 0.88 points eBook Print References Mc Chevymy work Required: 1. Prepare a depreciation schedule for six years using the straight-line method. (Do not round your intermediate calculations.) UNIVERSITY CAR WASH Depreciation Schedule Straight-Line End of year amounts Year Accumulated Depreciation Book Value 1 2 3 4 5 6 Total Next > Depreciation Expense $ 0 13 14 FEED Year 1 2 W|N 3 4567 Total $