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Measure the wall to determine the available space. Use the level to mark the exact layout for the backboard, creating an 8' rectangle on the wall.
Use a stud finder to locate the wall studs. Use a level to mark vertical lines from top to bottom, following the stud location. Extend the mark at top beyond the top of the outline so the lines can be seen after the top piece is installed.
To install the backboard, place a couple of nails into the first board on which the first board will rest. Then, use a drill to countersink screw holes between the slots in the wall board. Attach the first board with 2" wood screws, aligning the screws with the wall studs.
Set the second board in place, aligning the tongue and groove that holds the boards together. Secure it with screws. Continue the process until the wall is assembled.
Locate the center of the backboard and mark it. Align the template that came with the dispenser with the mark on the board. Pre-drill holes and install the screws. Leave enough of each screw extended as needed from which to suspend the dispenser.