Business
Business, 28.01.2020 18:41, kevingilbert1210

University car wash built a deluxe car wash across the street from campus. the new machines cost $267,000 including installation. the company estimates that the equipment will have a residual value of $24,000. university car wash also estimates it will use the machine for six years or about 12,000 total hours. actual use per year was as follows:
year hours used
1 3,000
2 1,200
3 1,300
4 2,700
5 2,500
6 1,300

2.prepare a depreciation schedule for six years using the double-declining-balance method. include accumulated depreciation
3.prepare a depreciation schedule for six years using the activity-based method. (include accumulated depreciation)

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