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 $51,300. The equipment has an estimated residual value of $2,700. The equipment is expected to process 275,000 payments over its three-year useful life. Per year, expected payment transactions are 66,000, year 1; 151,250, year 2; and 57,750, year 3. Required: Complete a depreciation schedule for each of the alternative methods. 1. Straight-line. 2. Units-of-production. 3. Double-declining-balance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Complete a depreciation schedule for the units-of-production method. (Do not round intermediate calculations. Round final answers to the nearest whole dollar.) Income Statement Year Depreciation Expense Cost At acquisition Balance Sheet Accumulated Depreciation Book Value $ 51,300 1 $ 51,300 2 $ 51,300 3 $ 51,300 $ 48,600 $ 2,700 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Complete a depreciation schedule for the double-declining-balance method. (Do not round intermediate calculations.) Income Statement Balance Sheet Year Depreciation Expense Cost Accumulated Depreciation Book Value At acquisition $ 51,300 1 $ 51,300 2 $ 51,300 3 $ 51,300 $ 48,600 $ 2,700