uh.....

E9-7 Computing Depreciation under Alternative Methods (LO 9-3] points Sonic Corporation purchased and installed electronic payment equipment at its drive-in restaurants 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. 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 At acquisition 1 $ $ $ 13,500 $ 6,750 $ 3,375 $ 27,000 27,000 27,000 $ $ $ 13,500 20,250 23,625 $ $ $ $ Book Value 27,000 13,500 6,750 3,375