Required information Problem 7-5A (Algo) Determine depreciation under three methods (LO7-4) [The following information apples fo the questions displayed beion.] University Car Wash purchased new soap dispensing equipment that cost $213,000 including instalation. The compary estimates that the equipment will have a residual value of $19,500. 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: Jroblem 7-5A (Algo) Part 1 Tequired: L. Prepare a depreciation schedule for six years using the straight-line method. (Do not round your intermediate calculations.) Lequired: 3. Prepare a depreclation schedule for slix years using the activity-based method. (Round your "Depreclation Bate" to 2 decimal places and use this amount in all subsequent calculations.] 2. Prepare a depreciation schedule for six years using the double-declining-balance method. (Do not round your intermediate calculations.)