Abyssinia believes its automobile industry is threatened by foreign car makers who have flooded its market with toyota, volvos, and buicks. these foreign car makers require payment in euros and u. s. dollars and will not accept abyssins, the national currency of abyssinia. to discourage the importation of these foreign cars, the abyssinian government has restricted the amount of its own currency that can be converted into these foreign currencies by demanding that importers obtain a license, a practice known as

University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will 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: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.