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

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Accounting

Sonic Corporation purchased and installed electronic payment equipment at its drive-in restaurants in San Marcos, TX, at a cost of $27,000. The equipment has an estimated residual value of $1,500. The equipment is expected to process 255,000 payments over its three-year useful life. Per year, expected payment transactions are 61,200, year 1; 140,250, year 2; and 53,550, year 3.
Required:
Complete a depreciation schedule for each of the alternative methods.
Straight-line.
Units-of-production.
Double-declining-balance.

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