Problem $7-5$A $($Algo$)$ Determine depreciation under three methods $($LO$7-4)$

$[$The following information applies to the questions displayed below.$]$

University Car Wash purchased new soap dispensing equipment that cost $$225,000$ including installation. The company estimates that the equipment will have a residual value of $$22,500.$ 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:

$\backslash$table$[[$Year$,$Hours Used$],[1,3,100],[2,1,600],[3,1,700],[4,2,300],[5,2,100],[6,1,700]]$

Problem $7-5$A $($Algo$)$ Part $2$

$2.$ Prepare a depreciation schedule for six years using the double$-$declining$-$balance method. $($Do not round your intermediate calculations.$)$

Answer is complete but not entirely correct.

UNIVERSITY CAR WASH

$\backslash$table$[[$UNIVERSITY CAR WASH$],[$Depreciation Schedule$-$Double$-$Declining$-$Balance$],[$End of Year Amounts$],[$Year$,,\backslash$table$[[$eciation$],[$oense$]],\backslash$table$[[$Accumulated$],[$Depreciation$]],$Book Value$],[1,$$$,75,000,75,000,150,000$