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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,

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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 double-declining-balance method. (Do not round intermediate calculations.) Income Balance Sheet Statement Year Depreciation Expense Cost Accumulated Depreciation Book Value At acquisition $ 51.300 1 $ 34.2005 2 $ 11.400 $ 3 $ 51,300 $ 51.300 51,300 S 34.2005 17.100 5.700 45.0005

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