abe X, X A. ay. A. I Normal 1 No Spac... Heading 1 Hea: Font Paragraph Styles 1 2 + 1 3 4 Required Information The following information applies to the questions displayed below. University Car Wash built a deluxe car wash across the street from campus. The new machines cost $219,000 Including installation The company estimates that the equipment will have a residual value of $19,500 University Car Wash also estimates it will use the machine for six years or about 12.500 total hours. Actual use per year was as follows: Year 1 Hours Used 2,000 1.400 1.500 2,500 2,300 2,000 2. Prepare a depreciation schedule for six years using the double-declining-balance method. (Do not round your intermediate calculations.) UNIVERSITY CAR WASH Depreciation Schedule-Double-Declining-Balance End of year amounts Year Depreciation Accumulated Book Value Expense Depreciation 1 2 3 4 5 6 Total 0