University Car Wash built a deluxe car wash across the street from campus. The new machines cost $258,000 including installation. The company estimates that the equipment will have a residual value of $28,500. 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 Hours Used 2,700 1,500 1,600 2,400 2,200 2,100 2. Prepare a depreciation schedule for years using the double-declining-balance method. (Do not round your intermediate calculations.) Answer is complete but not entirely correct. UNIVERSITY CAR WASH Depreciation Schedule-Double-Declining-Balance End of year amounts Depreciation Accumulated Book Value Expense Depreciation Year 1 2 3 4 5 60 5 S $ Total $ 2355NH. 1 4 85,991 57,327 38,223 25,483 16,990 5,480 229,494 $ 85,991 $ 143,318 181,541 207,024 224,014 229,494 172,000 114,682 76,459 50,976 33,980 28,506