University Car Wash purchased new soap dispensing equipment that cost $$255,000$ including installation. The company estimates that the equipment will have a residual value of $$22,500.$ 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:

$\backslash$table$[[$Year$,$Hours Used$],[11,3,100],[2,1,600],[3,1,700],[4,2,300],[5,2,100],[6,1,700]]$

Prepare a depreciation schedule for six 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

$\backslash$table$[[$End of Year Amounts$],[$Year$,\backslash$table$[[$Depreciation$],[$Expense$]],\backslash$table$[[$Accumulated$],[$Depreciation$]],$Book Value,$],[1,$$$,77,500x,$$$,77,500**,177,500x$