two part question

15 (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 $267.000 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: Part 2 of 3 0.52 points Year 1 2 3 4 5 6 Hours Used 3,000 1,200 1,300 2.700 2,500 1,300 & on Skipped QUOO 2. Prepare a depreciation schedule for six years using the double-declining balance method. (Do not round your intermediate calculations.) Print References UNIVERSITY CAR WASH Depreciation Schedule Double Declining-Balance End of year amounts Depreciation Accumulated Book Value Exponse Depreciation Your 1 2 3 4. 5 6 Total $ 0 [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 $267.000 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 1 2 3 4 Hours Used 3.000 1,200 1,300 2,700 2,500 1,300 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 Expenso Depreciation Year 1 2 3 4 5 6 Total $