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ped bok Int ences Required information [The following information applies to the questions displayed below.] University Car Wash built a deluxe car wash across the street from campus. The new machines cost $237,000, including installation. The company estimates that the equipment will have a residual value of $28,500. 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: Year 12254H Hours Used 2,700 2,000 2,100 1,900 1,700 2,100 Required: 1. Prepare a depreciation schedule for six years using the straight-line method. Note: Do not round your intermediate calculations.
Required Information [The following information applies to the questions displayed below] University Car Wash built a deluxe car wash across the street from campus, The new machines cost $237,000, including installation. The company estimates that the equipment will have a residual value of $28,500. 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: Required: 1. Prepare a depreciation schedule for six years using the straight-line method. Note: Do not round your intermediate calculations
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