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Required information Skip to question The following information applies to the questions displayed below. While You Wait Copy purchased a new copy machine. The new machine cost $ including installation. The company estimates the equipment will have a residual value of $ While You Wait Copy also estimates it will use the machine for four years or about total hours. Actual use per year was as follows: Year Hours Used Prepare a depreciation schedule for four years using the activitybased method. Round your "Depreciation Rate" to decimal places and use this amount in all subsequent calculations. Round answers to the nearest whole dollar.
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The following information applies to the questions displayed below.
While You Wait Copy purchased a new copy machine. The new machine cost $ including installation. The company estimates the equipment will have a residual value of $ While You Wait Copy also estimates it will use the machine for four years or about total hours. Actual use per year was as follows:
Year Hours Used
Prepare a depreciation schedule for four years using the activitybased method. Round your "Depreciation Rate" to decimal places and use this amount in all subsequent calculations. Round answers to the nearest whole dollar.
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