On January 1, 2021, the Allegheny Corporation purchased equipment for $150,000. The estimated service life of the equipment is 10 years and the estimated residual value is $7,000. The equipment is expected to produce 180,000 units during its life. Required: Calculate depreciation for 2021 and 2022 using each of the following methods. B. Units of production (units produced in 2021, 37,000; units produced in 2022, 32,000). (Round "Depreciation per unit rate" answers to 2 decimal places.) 3. Units of production (units produced in 2021, 37,000; units produced in 2022, 32,000). (Round "Depreciation per unit rate" answers to 2 decimal places.) Answer is not complete. Select formula for Units of Production Depreciation: $ 0.79 37,000 29,394 $ 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 $ 0.79 32,000 25,422 > $