1 Part 1 of 3) 67 ints Skipped Required information. Exercise 11-3 (Algo) Depreciation methods partial periods (LO11-2] [The following information applies to the questions displayed below.) On October 1, 2021, the Allegheny Corporation purchased equipment for $257,000. The estimated service life of the equipment is 10 years and the estimated residual value is $4,000. The equipment is expected to produce 460,000 units during its life. Required: Calculate depreciation for 2021 and 2022 using each of the following methods. Partial-year depreciation is calculated based on the number of months the asset is in service. eBook Hint Exercise 11-3 (Algo) Part 1 1. Straight-line. Print Straight-Line Depreciation Choose Numerator: Choose Denominator: Annual Depreciation eferences Annual Depreciation Formula Amounts Year Annual Depreciation Fraction of Year Depreciation expense. B 2021 x 2022 x