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Business, 23.06.2020 23:01 gonzaleze18

University Car Wash built a deluxe car wash across the street from campus. The new machines cost $243,000 including installation. The company estimates that the equipment will have a residual value of $28,500. 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 2,700 2 2,000 3 2,300 4 1,900, 5 1,700 6 2,300Prepare a depreciation schedule for six years using the straight line, double declining and the activity-based methods.

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University Car Wash built a deluxe car wash across the street from campus. The new machines cost $24...

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