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11 Part 2 of 3 Required information [The following information applies to the questions displayed below) On January 1, 2021, the Allegheny Corporation purchased equipment

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11 Part 2 of 3 Required information [The following information applies to the questions displayed below) On January 1, 2021, the Allegheny Corporation purchased equipment for $211.000. The estimated service life of the equipment is 10 years and the estimated residual value is $13,000. The equipment is expected to produce 252,000 units during its life. Required: Calculate depreciation for 2021 and 2022 using each of the following methods. 0.75 paints 00:10:59 2. One hundred fifty percent declining balance. (Round final answers to the nearest whole dollar amount.) Answer is complete but not entirely correct. Depreciation Year 2021 2022 expense 105,500 52.750 S

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