Required information [The following information applies to the questions displayed below! On October 1, 2021, the Allegheny Corporation purchased equipment for $134,000. The estimated service life of the equipment is 10 years and the estimated residual value is $2,000. The equipment is expected to produce 240,000 units during its life. Required: Calculate depreciation for 2021 and 2022 using each of the following methods. Partial-year depreciation is calculated based on the number of months the asset is in service. 2. Double-declining balance. Choose Numerator: Answer is complete but not entirely correct. Double-Declining-Balance Method Choose Denominator: Fraction of Year Double the Straight line Rate Fraction of Year Formula Beginning Book Value Depreciation Expense Depreciation Ense $ 134,000 2009 Amount for 2021 Amount for 2022 312 5 6.700 5 107 200 20 12/12 5 21410