Re 5 E9-9 (Algo) Computing Depreciation under Alternative Methods [LO 9-3) binta Sonic Corporation purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $48,600. The equipment has an estimated residual value of $2,100. The equipment is expected to process 274,000 payments over its three year useful life. Per year, expected payment transactions are 65.760, year 1, 150700, year 2, and 57,540, year 3, Required: Complete a depreciation schedule for each of the alternative methods 1. Straight line 2. Units of production 3. Double-declining balance. Required 1 Required 2 Required 3 Complete a depreciation schedule for the straight-line method. (Do not round intermediate cal Year Income Statement Depreciation Expense Balance Sheet Accumulated Depreciation Cost At acquisition 1 Book Valuo $ 48,600 $ 33,100 $ 17,600 2,100 $ 15,500 15,500 $ $ 15,500 31,000 2 $ 48,600 $ 48,600 48,600 2 $ 3 15,500 46,500 Required 1 Required 2 Required 3 Complete a depreciation schedule for the units-of-production method. (Do not round intern answers to the nearest whole dollar.) Balance Sheet Year Income Statement Depreciation Expense Cost At acquisition 1 Accumulated Book Depreciation Value $ 48,600 $ 11,179 $ 37,421 $ 36,798 $ $ 11,802 46,580 2,020 $ 2 2. $ 11,179 $ 48,600 25,619 $ 48,600 9,782 $ 48,600 3 $ Hint Required 1 Required 2 Required 3 Complete a depreciation schedule for the double-declining-balance method. (Do not roun Print Balance Sheet Year Income Statement Depreciation Expense eferences At acquisition 1 $ Accumulated Cost Book Value Depreciation $ 48,600 48,600 $ 32,400 $ 16,200 48,600 $ 43,200 $ 5,400 48,600 $ 46,500 $ 2,100 2 32,400 $ 10,800 $ 3,600 $ $ 3 $