Prepare a depreciation schedule for six years using the double-declining-balance method.

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

Required information [The following information applies to the questions displayed below.] University Car Wash built a deluxe car wash across the street from campus. The new machines cost $243,000 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: Year Hours Used 2,700 2,000 2,100 1,900 1,700 2,100 UNIVERSITY CAR WASH Depreciation ScheduleDouble-Declining-Balance End of year amounts Depreciation Accumulated Book Value Expense Depreciation Year 6 Total UNIVERSITY CAR WASH Depreciation ScheduleActivity-Based End of year amounts Depreciation Accumulated Book Value Expense Depreciation Year Total