2. Prepare a depreciation schedule for six years using the double-declining-balance method. (Do not round your intermediate calculations.) Required Information UNIVERSITY CAR WASH The fallowing informevon spplies to the questions displayed below End of year amounts Accumulated Year Book Value University Cer Wesh built a del uxe cer wesh across the street from cempus. The new mechines cost $270,000 Including Installation. The company estimates that the equlpment will have a resldual value of 524.000. Unlverslty Car Wash also estimates It will use the machine for six years or about 12,000 total hours. Actual use per yeer wes as follows: Yeer Hours Usec 3,100 1,100 1,200 2,800 2,600 1.200 Total References eBook & Resources Worksheet Difficulty. 3 Hard Learning Objective. 07