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E9-7 Computing Depreciation under Alternative Methods [LO 9-3) Sushi Corp purchased and installed electronic payment...

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E9-7 Computing Depreciation under Alternative Methods [LO 9-3) Sushi Corp purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $35,100. The equipment has an estimated residual value of $2,100. The equipment is expected to process 260,000 payments over its three- year useful life. Per year, expected payment transactions are 62,400, year 1: 143,000 year 2; and 54,600, 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 Require:12 Required 3 Complete a depreciation schedule for Units-of-production method. (Do not round intermediate calculations.) Balance Sheet Income Statement Depreciation Expense Year Cost At acquisition 1 Accumulated Book Depreciation Value $ 35,100 8,112 S 26,988 26,702 8.398 33,000 2.100 - $ 2 0,112 $35.100 18,590 35,100 7,098 35,100 3

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