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Required information [The following information applies to the questions displayed below.) Cheetah Copy purchased a new copy machine. The new machine cost $112,000 including installation. The company estimates the equipment will have a residual value of $28,000. Cheetah Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows: e Year 1 2 Hours Used 3,000 1,700 1,800 2,200 Required: 1. Prepare a depreciation schedule for four years using the straight-line method. (Do not round your intermediate calculations.) CHEETAH COPY Depreciation Schedule Straight-Line End Year Amin