E9-7 Computing Depreciation under Alternative Methods [LO 9-3] Tails Corporation purchased and installed electronic payment equipment at its drive-in restaurants in Sarn Marcos, TX, at a cost of $59,400. The equipment has an estimated residual value of $2,700. The equipment is expected to process 262,000 payments over its three-year useful life. Per year, expected payment transactions are 62,880, year 1;144,100, year 2; and 55,020, year 3. Required: Complete a depreciation schedule for each of the altermative methods. (Do not round intermediate calculations.) 1. Straight-line. Income Statement Depreciation Expense Balance Sheet Accumulated Book Value Depreciatio Year Cost At acquisition Income Statement Depreciation Expense Balance Sheet Accumulated Depreciation Year Cost Book Value At acquisition