Sonic Corporation purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $32,400. The equipment has an estimated residual value of $2,100. The equipment is expected to process 276,000 payments over its three-year useful life. Per year, expected payment transactions are 66,240, year 1; 151,800, year 2; and 57,960, year 3.

Required:

Complete a depreciation schedule for each of the alternative methods.

Straight-line.

Units-of-production.

Double-declining-balance.

Complete a depreciation schedule for the straight-line method. (Do not round intermediate calculations.)

Year	Income Statement	Balance Sheet
	Depreciation Expense	Cost	Accumulated Depreciation	Book Value
At acquisition
1
2
3

Complete a depreciation schedule for the units-of-production method. (Do not round intermediate calculations. Round final answers to the nearest whole dollar.)

Year	Income Statement	Balance Sheet
	Depreciation Expense	Cost	Accumulated Depreciation	Book Value
At acquisition
1
2
3

Complete a depreciation schedule for the double-declining-balance method. (Do not round intermediate calculations.)

Year	Income Statement	Balance Sheet
	Depreciation Expense	Cost	Accumulated Depreciation	Book Value
At acquisition
1
2
3