Sushi Corp. purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX,...

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Sushi Corp. purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $51,300. The equipment has an estimated residual value of $2,700. The equipment is expected to process 275,000 payments over Its three- year useful life. Per year, expected payment transactions are 66,000, year 1; 151,250, year 2; and 57,750, year 3. Required: Complete a depreciation schedule for each of the alternative methods. 1. Straight-line. 2. Units-of-production Complete this question by entering your answers in the tabs below. Required 1 Required 2. ences Complete a depreciation schedule for Units-of-production method. (Do not round intermediate calculations.) Income Statement Balance Sheet Accumulated Depreciation Expense Year Cost Вook Value Depreciation At acquisition 3 < Required 1 Remired 2> Sushi Corp. purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $51,300. The equipment has an estimated residual value of $2,700. The equipment is expected to process 275,000 payments over Its three- year useful life. Per year, expected payment transactions are 66,000, year 1; 151,250, year 2; and 57,750, year 3. Required: Complete a depreciation schedule for each of the alternative methods. 1. Straight-line. 2. Units-of-production Complete this question by entering your answers in the tabs below. Required 1 Required 2. ences Complete a depreciation schedule for Units-of-production method. (Do not round intermediate calculations.) Income Statement Balance Sheet Accumulated Depreciation Expense Year Cost Вook Value Depreciation At acquisition 3 < Required 1 Remired 2>

Answer rating: 100% (QA)

1 Straight line method Annual depreciation 5130027003 16200 Year Income Statement Balance She... View the full answer