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tableYeartableIncomeStatementBalance SheettableDepreciationExpenseCost,tableAccumulatedDepreciationBook Value
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 proces 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.
Required
Required
Reuired
Complete a depreciation schedule for the doubledecliningbalance method. Do not round intermediate calculations.
tableYeartableIncomeStatementBalance SheettableDepreciationExpenseCost,tableAccumulatedDepreciationBook Value make it like the chart
