Exercise $77-$S $($AIgo$)$ vepreciation metnoas; partial perioas $[$LUTI$-$L$]$

$[$The following information applies to the questions displayed below.$]$

On October $1.2024,$ the Allegheny Corporation purchased equipment for $$233,000.$ The estimated service life of the

equipment is $10$ years and the estimated residual value is $$2,000.$ The equipment is expected to produce $420,000$ units

during its life.

Required:

Calculate depreciation for $2024$ and $2025$ using each of the following methods. Partial$-$year depreciation is calculated

based on the number of months the asset is in service.

Exercise $11-3($Algo$)$ Part $2$

Double$-$declining$-$balance.