Question: Return to question 4 Sushi Corp purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $45,900.


Return to question 4 Sushi Corp 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 $3,600. The equipment is expected to process 269,000 payments over its three-year useful life. Per year, expected payment transactions are 64,560, year 1 147,950. year 2 and 56.490. year 3. Required: Complete a depreciation schedule for each of the alternative methods 1. Straight-line 2. Units-of-production 3. Double-declining balance Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Complete a depreciation schedule for Straight-line method. (Do not round intermediate calculations.) Balance Sheet Income Statement Depreciation Expense Year Cost Accumulated Depreciation Book Value $ acquisition 1 $ $ 14,1005 14,100 14,100 2 45,900 45,900 45,900 14,100 31 800 17700 3600 14,100 $ 28,200 42 300 3 Required 2 > Return to question 4 Sushi Corp 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 $3,600 The equipment is expected to process 269,000 payments over its three-year useful life. Per year, expected payment transactions are 64,560, year 1 147,950 year 2, and 56,490, year 3 Required: Complete a depreciation schedule for each of the alternative methods 1. Straight-line 2. Units-of-production 3. Double-declining balance. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Complete a depreciation schedule for Units-of-production method. (Do not round intermediato calculations.) Balance Sheet Income Statement Depreciation Expense Year Cost Accumulated Depreciation Book Value 15 1 acquisition 1 IS 5 $ $ 10,152 23,265 8.883 2 3 35.748 35,748 12.483 3,600 45.900 45,900 45,900 SI 10.152 33.417 42,300 Required 1 Required 3 > Sushi Corp 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 $3,600. The equipment is expected to process 269,000 payments over its three-year useful life Per year, expected payment transactions are 64,560. year 1, 147,950. year 2 and 56.490, year 3. Required: Complete a depreciation schedule for each of the alternative methods 1. Straight-line 2. Units-of-production 3. Double-declining-balance. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 complete a depreciation schedule for Double-declining-balance method. (Do not round intermediate calculations) Balance Sheet Income Statement Depreciation Expense Year Cost Accumulated Depreciation Value $ At acquisition 1 2 3 15 $ $ $ 30,600 10,200 1,500 45,900 45,900 45,900 30,600 40.800 42,300 3,400 15,300 5,100 3,600 SIS
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