Year	Hours Used
1	3,000
2	1,200
3	1,300
4	2,700
5	2,500
6	1,300

University Car Wash built a deluxe car wash across the street from campus. The new machines cost $267,000 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:

Required:

1. Prepare a depreciation schedule for six years using the straight-line method. (Do not round your intermediate calculations.)

Universlty Car Wesh but a deluxe car wesh across the sreet from camus The new machines cost S267000 radng malator. new The company estimates that the eoonen wil have a nesiduai velue of S24000 Unvenity Car wesh it will use the machine for six years or about 12,000 total hours Actual use per yeer was as follow 8 Required 10.00 poiets Required: 1. Prepare a depreciation schedule for six years using the straight-line method. (Do not round your intermediate caloulations)