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 $2,400 The equipment is expected to process 270 000 payments over its three year useful life Per year, expected payment transactions are 64,800 , year 1 148,500, year 2 and 56,700 , year 3 Required Complete a depreciation schedule for each of the alternative methods 1 Straight fine 2 Units of production 3 Double declining balance Complete this question by entering your answers in the tabs below Complete a depreciation schedule for the straight line method (Do not round intermediate calculations )

Question

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 $2,400  The equipment is expected to process 270 000 payments over its three year useful life  Per year, expected payment transactions are 64,800 , year 1 148,500, year 2   and 56,700 , year 3   Required  Complete a depreciation schedule for each of the alternative methods  1  Straight fine  2  Units of production  3  Double declining balance  Complete this question by entering your answers in the tabs below  Complete a depreciation schedule for the straight line method  (Do not round intermediate calculations )

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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

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