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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 $$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 $12,000$ total hours. Actual use per

year was as follows:

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

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

intermediate calculations.$)$

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

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

intermediate calculations.$)$

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 $12,000$ total hours. Actual use per

year was as follows:

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

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

intermediate calculations.$)$