University Car Wash purchased new soap dispensing equipment that cost $252,000 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. Problem 7-5A (Algo) Part 2 2. Prepare a depreciation schedule for six years using the double declining-balance method. (Do not round your intermediate calculations.) 2. Prepare a depreciation schedule for sixyears using the double-declining-balance method. (Do not round your intermediate calculations.)