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please help fill out table and selecting proper formula for calculations. will help me learn a lot and will give thumbs up :) On January

please help fill out table and selecting proper formula for calculations. will help me learn a lot and will give thumbs up :) image text in transcribed
image text in transcribed
On January 1, 2024, 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 360,000 units during its life. Required: Calculate depreciation for 2024 and 2025 using each of the following methods. 3. Units of production (units produced in 2024, 40,000; units produced in 2025, 35,000). Note: Round "Depreciation per unit rate" answers to 2 decimal places. (Cost - Residual) / Total units of production (Cost - Residual) / Useful life in periods Cost / Total units of production SL rate Beginning-period book value Depreciation in 2025

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