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Required: Prepare a depreciation schedule for four years using the straight-line method. (Do not...

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Accounting

Required:
Prepare a depreciation schedule for four years using the straight-line method. (Do not round your intermediate calculations.)Required information
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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 $104,000 including installation. The company estimates the equipment will have a residual value of $26,000. While You Wait Copy also estimates it will use the machine for four years or about 8,000 total hours. Actual use per year was as follows:
Year Hours Used
12,900
21,300
31,400
42,600
Required:
1. Prepare a depreciation schedule for four years using the straight-line method. (Do not round your intermediate calculations.)
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