Question: i need help preparing a depreciation schedule using straight line, double declining, and activity based methods [The following information applies to the questions displayed below.]

i need help preparing a depreciation schedule using straight line, double declining, and activity based methods
i need help preparing a depreciation schedule using straight line, double declining,
and activity based methods [The following information applies to the questions displayed
below.] University Car Wash purchased new soap dispensing equipment that cost $258,000
including installation. The company estimates that the equipment will have a residual

[The following information applies to the questions displayed below.] University Car Wash purchased new soap dispensing equipment that cost $258,000 including installation. The company estimates that the equipment will have a residual value of $28,500. 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: kequired: 1. Prepare a depreciation schedule for six years using the straight-line method. (Do not 2. Prepare a depreciation schedule for six years using the double-declining-balance method calculations.) 3. Prepare a depreciation schedule for six years using the activity-based method. places and use this amount in all subsequent calculations.)

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