University Car Wash built a deluxe car wash across the street from campus. The new machines cost $261,000 including installation. The company estimates that the equipment will have a residual value of $27,000. 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 2800

2 1400

3 1500

4 2500

5 2300

6 1500

1) Prepare a depreciation shedule for six years using the straight line method.

2)Prepare a depreciation schedule for six years using the double-declining method

3) Prepare a depreciation schedule for six years using the activity-based method.

The table should have "Depreciation Expence" "Accumlated Depreciation" and "Book Value"