Problem $7-5$B $($Algo$)$ Determine depreciation under three methods

$($LO$7-4)$

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

While You Wait Copy purchased a new copy machine. The new machine cost

$$116,000$ including installation. The company estimates the equipment will

have a residual value of $$29,000.$ While You Wait Copy also estimates it will

use the machine for four years or about $8,000$ total hours. Actual use per

year was as follows:Prepare a depreciation schedule for four years using the activity$-$based method. $($Round

your "Depreciation Rate" to $3$ decimal places and use this amount in all subsequent

calculations. Round answers to the nearest whole dollar.$)$

Prepare a depreciation schedule for four years using the activity$-$based method. $($Round

your "Depreciation Rate" to $3$ decimal places and use this amount in all subsequent

calculations. Round answers to the nearest whole dollar.$)$