Check my work 2 4 points Sonic Corporation purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $32,400. The equipment has an estimated residual value of $2,100. The equipment is expected to process 276,000 payments over its three-year useful life. Per year expected payment transactions are 66,240, year 1. 151,800.year 2 and 57,960 year 3 Required: Complete a depreciation schedule for each of the alternative methods 1. Straight-line 2. Units-of-production 3. Double-declining-balance, eBook Hint Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Required) References Complete a depreciation schedule for the straight line method. (Do not round Intermediate calculations.) Balance Sheet Year Income Statement Depreciation Expense Cost Accumulated Depreciation Book Value Al acquisition 1 2 3 Check my work 2 4 points Sonic Corporation purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $32,400. The equipment has an estimated residual value of $2,100. The equipment is expected to process 276.000 payments over its three-year useful life. Per year, expected payment transactions are 66,240 year 1. 151,800 year 2, and 57,960. year 3 Required: Complete a depreciation schedule for each of the alternative methods 1. Straight-line. 2. Units-of-production 3. Double-declining-balance. eBook Hint Complete this question by entering your answers in the tabs below. Prim References Required 1 Required Required 3 Complete a depreciation schedule for the units-of-production method. (Do not round intermediate calculatio answers to the nearest whole dollar) Income Statement Balance Sheet Depreciation Accumulated Expense Cost Book Value Depreciation At acquisition Year 1 2 3 Check my work 2 4 points Sonic Corporation purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $32,400. The equipment has an estimated residual value of $2,100. The equipment is expected to process 276,000 payments over its three-year useful life. Per year, expected payment transactions are 66,240, year 1, 151,800. year 2 and 57,960 year 3. Required: Complete a depreciation schedule for each of the alternative methods 1. Straight line 2. Units of production 3. Double-declining balance eBook Hint Complete this question by entering your answers in the tabs below. Print References Required 1 Required 2 Requeda Complete a depreciation schedule for the double-declining balance method. (Do not round Intermediate calc Income Statement Balance Sheet Year Depreciation Cost Accumulated Expense Depreciation Book Value At acquisition 1 2 3
