E$9-9($Algo$)$ Computing Depreciation under Alternative Methods $[$LO $9-3]$

Sonic Corporation purchased and installed electronic payment equipment at its drive$-$in restaurants in San Marcos, TX$,$ at a cost of $$45,900.$ The equipment has an estimated residual value of $$1,800.$ The equipment is expected to process $273,000$ payments over its three$-$year useful life. Per year, expected payment transactions are $65,520,$ year $1$;$150,150,$ year $2$ ; and $57,330,$ year $3.$

Required:

Complete a depreciation schedule for each of the alternative methods.

Straight$-$line.

Units$-$of$-$production.

Double$-$declining$-$balance.

Complete this question by entering your answers in the tabs below.

Required $2$

Complete a depreciation schedule for the straight$-$line method. $($Do not round intermediate calculations.$)$

$\backslash$table$[[$Year$,\backslash$table$[[$Income$],[$Statement$]],$Balance Sheet$],[\backslash$table$[[$Depreciation$],[$Expense$]],$Cost,$\backslash$table$[[$Accumulated$],[$Depreciation$]],$Book Value$],[$At acquisition,,,,$],[1,,,,],[2,,,,],[3,,,,]]$

E$9-9($Algo$)$ Computing Depreciation under Alternative Methods $[$LO $9-3]$

Sonic Corporation purchased and installed electronic payment equipment at its drive$-$in restaurants in San Marcos, TX$,$ at a cost of $$45,900.$ The equipment has an estimated residual value of $$1,800.$ The equipment is expected to process $273,000$ payments over its three$-$year useful life. Per year, expected payment transactions are $65,520,$ year $1$;$150,150,$ year $2$ ; and $57,330,$ year $3.$

Required:

Complete a depreciation schedule for each of the alternative methods.

Straight$-$line.

Units$-$of$-$production.

Double$-$declining$-$balance.

Complete this question by entering your answers in the tabs below.

Required $2$

Complete a depreciation schedule for the straight$-$line method. $($Do not round intermediate calculations.$)$

$\backslash$table$[[$Year$,\backslash$table$[[$Income$],[$Statement$]],$Balance Sheet$],[\backslash$table$[[$Depreciation$],[$Expense$]],$Cost,$\backslash$table$[[$Accumulated$],[$Depreciation$]],$Book Value$],[$At acquisition,,,,$],[1,,,,],[2,,,,],[3,,,,]]$