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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 $40,500. 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 $40,500. The equipment has an estimated residual value of $2,700. The equipment is expected to process 268,000 payments over its three-year useful life. Per year, expected payment transactions are 64,320, year 1: 147,400, year 2: and 56,280, year 3. Required: Complete a depreciation schedule for each of the alternative methods. (Do not round intermediate calculations.) Straight-line. Units-of-production. Double-declining-balance
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