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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 $43,200. The equipment has an
Sushi Corp. purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $43,200. The equipment has an estimated residual value of $1,500. The equipment is expected to process 272,000 payments over its three- year useful life. Per year, expected payment transactions are 65,280, year 1; 149,600, year 2; and 57,120, year 3 Required omplete a depreciation schedule for each of the alternative methods. 1. Straight-line 2. Units-of-production. 3. Double-declining-balance. Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Complete a depreciation schedule for Straight-line method. (Do not round intermediate calculations.) Income Statement Balance Sheet Depreciation Expense Accumulated Year Cost Depreciation Book Value At acquisition
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