Required information Problem 7-5B Determine depreciation under three methods (LO7-4) The following information applies to the questions displayed below] Cheetah Copy purchased a new copy machine. The new machine cost $126,000 including installation. The company estimates the equipment will have a residual value of $31,500. Cheetah Copy also estimates it will use the machine for four years or about 8,000 total hours; Actual use per year was as follows: Problem 7-5B Part 3 3. Prepare a depreciation schedule for four years using the activity-based method. (Round your "Depreciotion Rate" to 3 decimal ploces and use this amount in all subsequent calculations.)