Question: please explain how to calculated expenses and accumulated for both methods please University Car Wash purchased new soap dispensing equipment that cost $228.000 including installation.

please explain how to calculated expenses and accumulated for both methods please
please explain how to calculated expenses and accumulated for both methods please
University Car Wash purchased new soap dispensing equipment that cost $228.000 including

University Car Wash purchased new soap dispensing equipment that cost $228.000 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: 2. Prepare a depreciation schedule for six years using the double declining balance method. (Do not round your intermediate colculotions.) [The following information applies to the questions displayed belowi] University Car Wash purchased new soap dispensing equipment that cost $228,000 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: Prepare a depreciation schedule for six years using the activity-based method. (Round your "Depreciation Rate" to 2 decimal aces and use this amount in all subsequent calculations.)

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