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Sonic Corporation purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos,...

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Sonic 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 $2,400. The equipment is expected to process 270,000 payments over its three-year useful life. Per year, expected payment transactions are 64,800, year 1; 148,500, year 2; and 56,700, year 3. Required: Complete 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 the straight-line method. (Do not round intermediate calculations.) Balance Sheet Year Income Statement Depreciation Expense Cost Accumulated Depreciation Book Value At acquisition 1 2 3

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