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.

1. Double-declining-balance.

Double-Declining-Balance Method
Formula							=	Depreciation Expense
Amount for 2021					%		=
Amount for 2022					%		=

2. Units of production (units produced in 2021, 30,000; units produced in 2022, 25,000). (Round "Depreciation per unit rate" answers to 2 decimal places.)

Select formula for Units of Production Depreciation:
Formula =
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