University Car Wash built a deluxe car wash across the street from campus. The new machines cost $270,000 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: * Prepare a depreciation schedule for six years using the activity-based method. Include accumlated depreciation and book value for each year.

University Car Wash buita delutee cer wash across the street from campus. The new machines cost $270000 including installeton. The company estimates thetthe equipment will have a residual value of S24.000. 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: r Hours Used 2,800 2,600 1,200