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E9-9(Algo) Computing Depreclation under Alternative Methods [LO 9-3 Sonic Corporation purchased and installed...

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Accounting

E9-9(Algo) Computing Depreclation under Alternative Methods [LO 9-3
Sonic Corporation purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of
$37,800. The equipment has an estimated residual value of $3.000. The equipment is expected to process 266.000 payments over its
three-year useful life. Per year, expected payment transactions are 63,840, year 1;146,300, year 2; and 55,860. year 3.
Required:
Complete a depreciation schedule for each of the alternative methods.
Straight-line.
Units-of-production.
Double-declining-balance.
Complete this question by entering your answers in the tabs below.
Complete a depreciation schedule for the units-of-production method. (Do not round intermediate calculations. Round final
answers to the nearest whole dollar.)
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