E$9-9($Algo$)$ Computing Depreciation under Alternative Methods $[$LO $9-3]$

Sonic Corporation purclased 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.

Required $2$

Required $3$

Complete a depreciation schedule for the double$-$declining$-$balance method. $($Do not round intermediate calculations.$)$

Required $3$