While You Wait Copy purchased a new copy machine. The new machine cost $136,000 including installation. The company estimates the equipment will have a residual value of $34,000. While You Wait Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows:

Year	Hours Used
1	2,900
2	1,900
3	1,900
4	3,500

Required:

1. Prepare a depreciation schedule for four years using the straight-line method.