Tails Corporation 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 $2,400. The equipment is expected to process 261,000 payments over its three-year useful life. Per year, expected payment transactions are 62,640, year 1; 143,550, year 2; and 54,810, year 3.