LO 9-3 LO 9-3 LO 9-3 Sonic Corporation E9-7 Computing and Recording Units-of-Production Depreciation Refer to the information in E9-6. Further assume the estimated productive life of the machine is 10,000 units. Expected annual production was year 1, 2,000 units; year 2, 3,000 units; year 3, 2,000 units; year 4, 2,000 units; and year 5, 1,000 units. Complete requirements 1 and 2 assuming the units-of-production method is used. E9-8 Computing and Recording Double-Declining-Balance Depreciation Refer to the information in E9-6. Complete requirements 1 and 2 assuming the double-declining- balance method is used. E9-9 Computing Depreciation under Alternative Methods Sonic Corporation purchased and installed electronic payment equipment at its drive-in restau- rants in San Marcos, TX, at a cost of $27,000. The equipment has an estimated residual value of $1,500. The equipment is expected to process 255,000 payments over its three-year useful life. Per year, expected 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. 1. 2. 3. Straight-line. Units-of-production. Double-declining-balance. Income Statement Balance Sheet Depreciation Accumulated Year Computation Expense Cost Depreciation Book Value At acquisition 1