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

Year Hours Used

$12,600$

$22,100$

$32,200$

$41,800$

$51,600$

$61,700$

$2.$ Prepare a depreciation schedule for six years using the double$-$declining$-$balance method.