Question: please solve question 5 Required information The following information applies to the questions displayed below) University Car Wash purchased new 503 dispensing equipment that cost
please solve question 5
Required information The following information applies to the questions displayed below) University Car Wash purchased new 503 dispensing equipment that cost $261,000 including inataliaton The company estimates that the equipment will have a residual yalue of 527,000 . Univerity Car Wash also estimates it will use the machine for six years of about 12,000 total hours. Actual use per year was as follows: 3. Prepare a depreciation schedule for six years using the activity-bssed ntethod: (Round your "Depreciatien Rate' to 2 ..-imal niaces and use this amount in all subsequent calculations.)
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