University Car Wash purchased new soap dispensing equipment that 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: Year 1 Hours Used 3,100 1,100 1,200 4 2,800 2,600 1,200 2. Prepare a depreciation schedule for six years using the double-declining-balance method. (Do not round your Intermediate calculations.) UNIVERSITY CAR WASH Depreciation Schedule-Double-Declining-Balance End of Year Amounts Depreciation Accumulated Year Book Value Expense Depreciation 1 2 3 4 5 6 Prev 13 14 of 14 Next >