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Required information Exercise 11-3 (Algo) Depreciation methods; partiol periods [LO11-2] The following informanon applies to the questions displayed below] On Octobet 1, 2024, the Allegheny

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Required information Exercise 11-3 (Algo) Depreciation methods; partiol periods [LO11-2] The following informanon applies to the questions displayed below] On Octobet 1, 2024, the Allegheny Corporation purchased equipment for s166 000 the estimpted service ife of the equpment is 10 years and the estimated residual value is 51.000, the equiptient is expected to proctice 330,000 units during its life Required: Calculate depreclation for 2024 and 2025 using each of the following methods Paitialyear depreciaton is caiculated based on the number of months the asset is in service. Exercise 11-3 (Algo) Part 2

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