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Sushi Corp. purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $37,800. The equipment has an

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Sushi Corp. purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $37,800. The equipment has an estimated residual value of $3,000. The equipment is expected to process 266,000 payments over its three- year useful life. Per year, expected payment transactions are 63,840, year 1:146,300, year 2; and 55,860, year 3. Required: Complete a depreciation schedule for each of the alternative methods. Straight-line. 2. Units-of-production Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete a depreciation schedule for Units-of-production method. (Do not round intermediate calculations.) Income Statement Depreciation Expense Balance Sheet Accumulated Year Cost Depreciation Book Value At acquisition 3 Complete this question by entering your answers in the tabs below Req 1A Req 1B Req 2A Req 2B Complete a depreciation schedule for Units-of-production method. (Do not round intermediate calculations.) Income Statement Balance Sheet Depreciation Expense Accumulated Depreciation Year Cost Book Value S 40,000 32,545 21,540 14,085 6,630 At acquisition 7,455 11,005 7,455 7,455 2,130 7,455 18,460 25,915 33,370 35,500 34,500 K Req 1A Req 2A >

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