Question: Required information Problem 7.5A (Algo) Determine depreciation under three methods (LO7-4) [The following information dpples to the questions dsployed below] University Car Wash purchased new
Required information Problem 7.5A (Algo) Determine depreciation under three methods (LO7-4) [The following information dpples to the questions dsployed below] University Car Wash purchased new sosp dispensing equipment that cost $237000 including installabon. The compamy estimates that the equipment wil howo a residual value of $28,500. University Car Wash aso estimates it will use the machine for six years of about 12,500 total hours. Actual use per year was as follows Problem 7.5A (Algo) Part 3 3. Prepare a debrecialion schedule for wik years using the activly based method. RRound your "Depreciation Mase" to 2 decimal places and wse this amount in all bubsequent caicutations.]
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