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Sonic Corporation purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos,...

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Question

Accounting

Sonic Corporation purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of
$51,300. The equipment has an estimated residual value of $3,300. The equipment is expected to process 267,000 payments over its
three-year useful life. Per year, expected payment transactions are 64,080, year 1; 146,850, year 2; and 56,070, 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 double-declining-balance method. (Do not round intermediate calculations.) The last row on the table is wrong
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