Sonic Corporation purchased and installed electronic payment equipment at its drive$-$in restaurants in San Marcos, TX$,$ at a cost of $$29,700.$ The equipment has an estimated residual value of $$1,200.$ The equipment is expected to process $257,000$ payments over its three$-$year useful life. Per year, expected payment transactions are $61,680,$ year $1$; $141,350,$ year $2$; and $53,970,$ year $3.$

Required:Sonic Corporation purchased and installed electronic payment equipment at its drive$-$in

restaurants in San Marcos, TX$,$ at a cost of $$29,700.$ The equipment has an estimated residual

value of $$1,200.$ The equipment is expected to process $257,000$ payments over its three$-$year

useful life. Per year, expected payment transactions are $61,680,$ year $1$; $141,350,$ year $2$; and $53,970,$

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 $1$

Required $2$

Required $3$

Complete a depreciation schedule for the units$-$of$-$production method. $($Do not round intermediate calcu

answers to the nearest whole dollar.$)$

Complete a depreciation schedule for each of the alternative methods.

Straight$-$line.

Units$-$of$-$production.

Double$-$declining$-$balance.