University Car Wash buitt a deluxe car wash across the street from carnpus. The new...
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University Car Wash buitt a deluxe car wash across the street from carnpus. The new machines cost $219.000 including installation. The company estimates that the equipment wil have a residual value of $19,500. 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. 2. Prepare a depreciation schedule for sax years using the double-declining-balance method (Do not round your intermediote calculations.)
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