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Sushi Corp. purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a The equipment has an estimated residual value of $1,800. The equipment is expected to process 273,000 payments year useful life. Per year, expected payment transactions are 65,520, year 1; 150,150, year 2; and 57,330, 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 VI Complete a depreciation schedule for Straight-line method. (Do not round intermediate calculations.) Balance Sheet Income Statement Depreciation Expense Year Cost Accumulated Depreciation Book Value At acquisition $ 2 14,100 $ 14,100 14,100 45,900 $ 45,900 45,900 14,100 $ 31,800 28,200 17,700 42,300 3,600 3 Sushi Corp. 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 $1,800. The equipment is expected to process 273,000 payments over its three- year useful life. Per year, expected payment transactions are 65,520, year 1; 150,150, year 2, and 57,330, 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 Units-of-production method. (Do not round intermediate calculations.) Balance Sheet Income Statement Depreciation Expense Year Cost Accumulated Depreciation Book Value At acquisition 1 $ $ $ 35,748 2 10,152 23,265 8,883 45,900 45,900 45,900 10,152 $ 33,417 42,300 12.483 3 3,600 Sushi Corp. 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 $1,800. The equipment is expected to process 273,000 payments over its three- year useful life. Per year, expected payment transactions are 65,520, year 1; 150,150, year 2; and 57,330, 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 ces Complete a depreciation schedule for Double-declining-balance method. (Do not round intermediate calculations.) Balance Sheet Income Statement Depreciation Expense Year Cost Accumulated Depreciation Book Value At acquisition 1 $ 2 3 30,600 $ 10,200 1,500 45,900 $ 45,900 45,900 30,600 $ 40,800 42,300 15,300 5,100 3,600
