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# University Car Wash built a deluxe car wash across the street from campus. The new machines...

## Question

###### University Car Wash built a deluxe car wash across the street from campus. The new machines...

University Car Wash built a deluxe car wash across the street from campus. The new machines cost \$264,000 including installation. The company estimates that the equipment will have a residual value of \$25,500. 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 Hours Used 1 2,900 2 1,300 3 1,400 4 2,600 5 2,400 6 1,900

I need help preparing the depreciation schedule for six years using the double-depreciation method.

I need help preparing the depreciation schedule for six years using the activity-based method.

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