Sonic Corporation purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $35,100. The equipment has an estimated residual value of $2,100. The equipment is expected to process 260,000 payments over its three-year useful life. Per year, expected payment transactions are 62,400, year 1; 143,000, year 2; and 54,600, year 3.

Required:

Complete a depreciation schedule for each of the alternative methods.

1. Straight-line.

2. Units-of-production.

3. Double-declining-balance.