On January 1, 2021, the Allegheny Corporation purchased equipment for $200,000. The estimated service life of the equipment is 10 years and the estimated residual value is $13,000. The equipment is expected to produce 300,000 units during its life. Required: Calculate depreciation for 2021 and 2022 using each of the following methods. 1. Straight line. Straight-Line Depreciation Choose Numerator: 1 Choose Denominator: Annual Depreciation Expense | = Depreciation Expense Depreciation Expense 2021 2022 2. Double-declining balance. End of Period Depreciation for the Period Beginning of Annual Period Period Book Depreciation Depreciation Rate (%) Value Expense 2021 2022 Accumulated Depreciation Book Value $ 0 $ 0 3. Units of production (units produced in 2021, 49,000; units produced in 2022, 44,000). to 2 decimal places.) Select formula for Units of Production Depreciation: 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