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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 $ 4

Sonic Corporation purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $45,900. The equipment has an estimated residual value of $3,600. The equipment is expected to process 269,000 payments over its three-year useful life. Per year, expected payment transactions are 64,560, year 1; 147,950, year 2; and 56,490, year 3.Required:Complete a depreciation schedule for each of the alternative methods.Straight-line.Units-of-production.Double-declining-balance.

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