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E 9 - 9 ( Algo ) Computing Depreciation under Alternative Methods [ LO 9 - 3 ] Sonic Corporation purchased and installed electronic payment
EAlgo Computing Depreciation under Alternative Methods LO Sonic Corporation purchased and installed electronic payment equipment at its drivein restaurants in San Marcos, TX at a cost of $ The equipment has an estimated residual value of $ The equipment is expected to process payments over its threeyear useful life. Per year, expected payment transactions are year ; year ; and year Required: Complete a depreciation schedule for each of the alternative methods. Straightline. Unitsofproduction. Doubledecliningbalance.
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