Prepare a depreciation schedule for four years using the double-declining-balance method. (Hint: The asset will be depreciated in only two years. Prepare a depreciation schedule for four years using the straight-line method.

Cheetah Copy purchased a new copy machine. The new machine cost $138,000 including installation. The company estimates the equipment will have a residual value of $34,500. 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:

Year	Hours Used
1	2,000
2	2,000
3	2,000
4	3,600

1.Prepare a depreciation schedule for four years using the straight-line method.

2.Prepare a depreciation schedule for four years using the double-declining-balance method. (Hint: The asset will be depreciated in only two years.

year depreciation expense accumlated depreciation book value.

3.Prepare a depreciation schedule for four years using the activity-based method

End of Year AmountsYear Depreciation Expense Accumulated Depreciation Book Value1 2 3 4 Total