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E 9 - 9 ( Algo ) Computing Depreciation under Alternative Methods [ LO 9 - 3 ] Sonic Corporation purchased and installed electronic payment

E9-9(Algo) Computing Depreciation 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 $45,900. The equipment has an estimated residual value of $3,600. The equipment is expected to process 269,000 payments over its three-year useful life. Per year, expected payment transactions are 64,560, year 1; 147,950, year 2; and 56,490, year 3. Required: Complete a depreciation schedule for each of the alternative methods. Straight-line. Units-of-production. Double-declining-balance.

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