LULU UN Lustomer Reviews Syllabus - 2020707 Now pter 11 homework Suvad Help Save & Exit Sut Check my wo 4 3 of 3 Required information [The following information applies to the questions displayed below.] On October 1, 2021, the Allegheny Corporation purchased equipment for $148,000. The estimated service life of the equipment is 10 years and the estimated residual value is $5,000. The equipment is expected to produce 260,000 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. Book Hint orencos 3. Units of production (units produced in 2021, 13,000 units produced in 2022, 28,000). (Round "Depreciation per un rate" answers to 2 decimal places.) S hapter 11 homework i Saved Help Save & EX Chec 4 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. art 3 of 3 3. Units of production (units produced in 2021, 13,000; units produced in 2022. 28.000). (Round "Depreciation rate" answers to 2 decimal places.) Select formula for Units of Production Depreciation: ook Calculate 2021 depreciation expense: Depreciation per unit rate Units produced in 2021 Depreciation in 2021 Calculate 2022 depreciation expense Depreciation per unit rate Chapter 11 homework a Saved 4 Required information -- --- Part 3 of 3 Select formula for Units of Production Depreciation: 11.11 points eBook Calculate 2021 depreciation expense: Depreciation per unit rate Units produced in 2021 Depreciation in 2021 Calculate 2022 depreciation expense: Depreciation per unit rate Units produced in 2022 Depreciation in 2022 Hint References