I though I had the right formula: $23000*.55*(3/12)

Required information [The following information applies to the questions displayed below.] On October 1, Year 1, a company purchased equipment for $257,000. The estimated service life of the equipment is 10 years and the estimated residual value is $4,000. The equipment is expected to produce 460,000 units during its life. Required: Calculate depreciation for Year 1 and Year 2 using each of the following methods. Partial-year depreciation is calculated based on the number of months the asset is in service. 3. Units of production (units produced in Year 1, 23,000; units produced in Year 2, 38,000). Note: Round "Depreciation per unit rate" answers to 2 decimal places