Required information [The following information applies to the questions displayed below) On October 1, 2021, the Allegheny Corporation purchased equipment for $257.000. The estimated service life of the equipment is 10 years and the estimated residual value is $4,000. The equipment is expected to produce 460,000 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, 3. Units of production (units produced in 2021, 23,000 units produced in 2022, 38,000). (Round "Depreciation per unit rate" answers to 2 decimal places.) Select formula for Units of Production Depreciation: Calculate 2021 depreciation expenses 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