E9-7 Computing Depreciation under Alternative Methods [LO 9-3] Sonic Corporation purchased and installed electronic payment equipment at its drive-in restaura s in Sa Marcos, TX, at a cost of $27,000. The equipment has an estimated residual value of $1, 00. Th equipment is expected to process 255,000 payments over its three-year useful life. Per year, expecte payment transactions are 61,200, year 1; 140,250, year 2, and 53,550, year 3. Required: Complete a depreciation schedule for each of the alternative methods. (Do not round intermediate calculations.) 1. Straight-line. Income Statement Balance Sheet Depreciation Expense Accumulated Book Value Depreciation Year Cost At acquisition 2