Problem 7-5A (Algo) Determine depreciation under three methods (LO7-4) [The following information appires to the questions displayed below.] University Car Wash purchased new soap dispensing equipment that cost $234,000 including installation. The company estimates that the equipment will have a residual value of $27,000 University Car Wash also estimates it will use the machine for six years or about 12,000 totar hours. Actual use per year was as follows: Problem 7-5A (Algo) Part 1 Requlred: 1. Prepare a depreciaton schedule for six years using the straight-1ine method. (Do not round your Intermediete calculations.)