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Tails Corporation purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $51,300. The equipment has an

Tails Corporation purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $51,300. The equipment has an estimated residual value of $3,300. The equipment is expected to process 267,000 payments over its three-year useful life. Per year, expected payment transactions are 64,080, year 1; 146,850, year 2; and 56,070, year 3.

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Complete a depreciation schedule for each of the alternative methods. (Do not round intermediate calculations.)image text in transcribed

1. Straight-line. Balance Sheet Income Statement Depreciation Expense Year ost Accumulated Depreciation Book Value At acquisition N| 2. Units-of-production. Balance Sheet Income Statement Depreciation Expense Year Cost Accumulated Depreciation Book Value At acquisition - 3 w 3. Double-declining-balance. Income Statement Balance Sheet Year Depreciation Expense Cost Accumulated Depreciation Book Value At acquisition - 2 on

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