find beginning of period book value for 2022 and the depreciation expense for 2022

for the work you have completed so far. It does not indicate completion. 26 Exercise -3 Migo) uepreciauon metnoas, paruai perioas LLUI4 Return to question The following information applies to the questions displayed below On October 1, 2021, 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. Part 2 of 3 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. 3.57 points Exercise 11-3 (Algo) Part 2 2. Double-declining balance. Answer is not complete. End of Period Depreciation for the Period Beginning of Period Book Value Depreciation xpense Depreciation Rate (%) Fraction of Year Accumulated Book Value Annual Period Depreciation 221,350 11,650 11,650 $ 20%) 3/12 $ 233,000 2021 221,350 11,650 12/12 20% 2022 Next> of 28 27 26