M MHE Reader tion.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=http%253A%252F%252Fms.meducation.com%252Fmghmiddleware%252Fmheproducts.25 Beacon Log In Staples > Fiserv PEER RANKING 2020 arks ce: Knowledge Check (due day 5) Saved 0 Required information Exercise 11-4 (Static) Other depreciation methods (L011-2] [The following information applies to the questions displayed below! On January 1, 2021, the Allegheny Corporation purchased equipment for $115,000. The estimated service life of the equipment is 10 years and the estimated residual value is $5,000. The equipment is expected to produce 220,000 units during its life. Required: Calculate depreciation for 2021 and 2022 using each of the following methods. Exercise 11-4 (Static) Part 2 2. One hundred fifty percent declining balance. (Round final answers to the nearest whole coller amount.) Depreciation expense Year 2021 2022