University Car Wash built a deluxe car wash across the street from campus. The new machines cost 240,000 including installation. The company estimates that the equipment will have a residual value of 30,000. University Car Wash also estimates it will use the machine for six years or about 12,000 total hours.

Required:

Prepare a depreciation schedule for six years using the following methods:

1. Straight Line
2. Double-Declining-Balance
3. Activity-Based

Actual use per year was as follows:

Year Hours Used

a. 2,600
b. 2,100
c. 2,200
d. 1,800
e. 1,600
f. 1,700

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Precision dyes is analyzing two machines to determine which one it should purchase. the company requires a rate of return of 15 percent and uses straight-line depreciation to a zero book value over the life of its equipment. ignore bonus depreciation. machine a has a cost of $462,000, annual aftertax cash outflows of $46,200, and a four-year life. machine b costs $898,000, has annual aftertax cash outflows of $16,500, and has a seven-year life. whichever machine is purchased will be replaced at the end of its useful life. which machine should the company purchase and how much less is that machine's eac as compared to the other machine's

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