11 6 polets 2 013943 Required Information [The following information applies to the questions displayed below.) On October 1, 2021, the Allegheny Corporation purchased equipment for $148,000. The estimated service life of the equipment is 10 years and the estimated residual value is $5,000. The equipment is expected to produce 260,000 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. 2. Double-declining-balance. Formula Amount for 2021 Amount for 2022 Choose Numeratar Double Declining Balance Method Choose Denominator Fraction of Year Fraction of Year Depreciation Expense Depreciation Expense %