Question: 1. Prepare a depreciation schedule for six years using the straight-line method 2. Prepare a depreciation schedule for six years using the double-declining-balance method. 3.

1. Prepare a depreciation schedule for six years using the straight-line method
2. Prepare a depreciation schedule for six years using the double-declining-balance method.
3. Prepare a depreciation schedule for six years using the activity-based method
The following Information appies to the questions displayed below. University Car Wash built a deluxe car wash across the street from campus. The new machines cost $213,000 including installation. The company estimates that the equipment will have a residual value of $19,500. University Car Wesh also estimates it will use the machine for six years or about 12,500 total hours. Actuel use per year wes as follows: Year Hours Used 3.000 1,200 1,300 2,700 2,500 1800
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