(Solved): Problem 7.5B (Algo) Detemine deprecietion under three methods (LO7-4) [The following information ap ...

Problem 7.5B (Algo) Detemine deprecietion under three methods (LO7-4) [The following information applies to the questions displayed below] One Stop Copy purchased a new copy machine The inew machine cost \( \$ 120,000 \) including installation. The company estimates the equipment wil haye a residual value of \( \$ 30.000 \). One Stop Copy a so estimates it will use the machine for four years or about \( 8.000 \) total hours. Actual use petyear was as follows: Problem 7-5B (Algo) Part 2 2. Preparea depeciation schedule focfour years using the dovbledecining-balance method. (Hint. The asset whil be depleciated in only wo yearss (Do not round your intermediate calculationsi)