Help On October 1, 2021, the Allegheny Corporation purchased equipment for $134,000. The estimated service life of the equipment is 10 years and the estimated residual value is $2,000. The equipment is expected to produce 240,000 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. 1. Straight line. Choose Numerator: Straight-Line Depreciation Choose Denominator: E 28 91 Annual Depreciation = Annual Depreciation ETI Annual Depreciation Depreciation Dense Year 2021 2022 o te - $ 300 Search W