Business, 16.04.2021 20:10 WANEES13

Sushi Corp. 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.

Income Statement Balance Sheet
Year Depreciation Expense Cost Accumulated Depreciation Book Value
At acquisition
1
2
3

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Sushi Corp. purchased and installed electronic payment equipment at its drive-in restaurants in San...

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