Quick Copy purchased a new copy machine. The new machine cost $$128,000$ including installation. The company estimates the equipment will have a residual value of $$32,000.$ Quick Copy also estimates it will use the machine for four years or about $8,000$ total hours. Actual use per year was as follows:

$\backslash$table$[[$Year$,$Hours Used$],[1,2,100],[2,1,900],[3,1,900],[4,3,300]]$

Problem $7-5$B $($Algo$)$ Part $3$

$3.$ 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.$)$

$\backslash$table$[[$QUICK COPY$],[$Depreciation Schedule$-$Activity$-$Based$],[$End of Year Amounts$],[$Year$,\backslash$table$[[$Depreciation$],[$Expense$]],\backslash$table$[[$Accumulated$],[$Depreciation$]],$Book Value$],[1,,,],[2,,,],[3,,,],[4,,,],[$Total$,$$$,,]]$

Quick Copy purchased a new copy machine. The new machine cost $$128,000$ including installation. The company estimates the equipment will have a residual value of $$32,000.$ Quick Copy also estimates it will use the machine for four years or about $8,000$ total hours. Actual use per year was as follows:

$\backslash$table$[[$Year$,$Hours Used$],[1,2,100],[2,1,900],[3,1,900],[4,3,300]]$

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

$2.$ Prepare a depreciation schedule for four years using the double$-$declining$-$balance method. $($Hint: The asset will be depreciated in only two years.$)($Do not round your intermediate calculations.$)$

$\backslash$table$[[$QUICK COPY$],[\backslash$table$[[$Depreciation$],[$End of Year Amounts$]]],[$Year$,\backslash$table$[[$Depreciation$],[$Expense$]],\backslash$table$[[$Accumulated$],[$Depreciation$]],$Book Value$],[1,,,],[2,,,],[3,,,],[4,,,],[$Total$,$$$,,]]$