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University Car Wash purchased new soap dispensing equipment that cost $240,000 including installation. The company estimates that the equipment wil have a residual value of

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University Car Wash purchased new soap dispensing equipment that cost $240,000 including installation. The company estimates that the equipment wil have a residual value of $30,000. 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: Problem 7-5A (Algo) Part 2 2. Prepare a depreciation schedute for six years using the double-decining-balance method (Do not round your Intermediote colculotions.)

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