Sonic Corporation purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $40,500. The equipment has an estimated residual value of $2,100. The equipment is expected to process 265,000 payments over its three-year useful life. Per year, expected payment transactions are 63,600, year 1; 145,750, year 2; and 55,650, year 3.

Required:

Complete a depreciation schedule for each of the alternative methods.

Straight-line.

Units-of-production.

Double-declining-balance.