University Car Wash purchased new soap dispensing equipment that cost $$216,000$ including installation. The company estimates that the equipment will have a residual value of $$19,500.$ 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

$12,900$

$21,300$

$31,400$

$42,600$

$52,400$

$61,900$

Problem $7-5$A $($Algo$)$ Part $3$

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