EAlgo Computing Depreclation under Alternative Methods LO
Sonic Corporation purchased and installed electronic payment equipment at its drivein restaurants in San Marcos, TX at a cost of
$ The equipment has an estimated residual value of $ The equipment is expected to process payments over its
threeyear useful life. Per year, expected payment transactions are year ; year ; and year
Required:
Complete a depreciation schedule for each of the alternative methods.
Straightline.
Unitsofproduction.
Doubledecliningbalance.
Complete this question by entering your answers in the tabs below.
Complete a depreciation schedule for the unitsofproduction method. Do not round intermediate calculations. Round final
answers to the nearest whole dollar.
