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On January 1 , 2 0 2 4 , the Allegheny Corporation purchased equipment for $ 1 5 1 , 0 0 0 . The

On January 1,2024, the Allegheny Corporation purchased equipment for $151,000. The estimated service life of the equipment is 10 years and the estimated residual value is $8,000. The equipment is expected to produce 232,000 units during its life.
Required:
Calculate depreciation for 2024 and 2025 using each of the following methods.
Exercise 11-4(Algo) Part 2
2.150% declining balance.
Note: Round final answers to the nearest whole dollar amount.
\table[[Year,\table[[Depreciation],[expense]]],[2024,],[2025,]]
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