Business, 31.07.2019 21:30 kat122402

University car wash built a deluxe car wash across the street from campus. the new machines cost $270,000 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 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 required: 1. prepare a depreciation schedule for six years using the straight-line method.

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University car wash built a deluxe car wash across the street from campus. the new machines cost $27...

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