Required information [The following information applies to the questions displayed below.] On January 1, 2021, the Allegheny Corporation purchased equipment for $156,000. The estimated service life of the equipment is 10 years and the estimated residual value is $13.000. 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. Straight-line Required information [The following information applies to the questions displayed below.] On January 1, 2021, the Allegheny Corporation purchased equipment for $156,000. The estimated service life of the equipment is 10 years and the estimated residual value is $13,000. 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. Straight-ine Required information [The following information applies to the questions displayed below] On January 1, 2021, the Allegheny Corporation purchased equipment for $156.000. The estimated service life of the equipment is 10 years and the estimated residual value is $13,000. The equipment is expected to produce 220,000 units during its life. Required: Calculate depreciation for 2021 and 2022 using each ot the following methods. 2. Double-declining-balance. Required informotion [The following information applies to the questions displayed below. On January 1, 2021, the Allegheny Corporation purchased equipment for $156,000. The estimated service life of the equipment is 10 years and the estimated residual value is $13,000. The equipment is expected to produce 220,000 units during its life Required: Required: Calculate depreciation for 2021 and 2022 using each of the following methods. 3. Units of production (units produced in 2021. 46,000, units produced in 2022, 41,000). (Round "Depreciation per unit rate" answers to 2 decimal places.) Required information [The following information applies to the questions displayed below.] On January 1, 2021, the Allegheny Corporation purchased equipment for $156,000. The estimated service life of the equipment is 10 years and the estimated residual value is $13.000. 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. Straight-line Required information [The following information applies to the questions displayed below.] On January 1, 2021, the Allegheny Corporation purchased equipment for $156,000. The estimated service life of the equipment is 10 years and the estimated residual value is $13,000. 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. Straight-ine Required information [The following information applies to the questions displayed below] On January 1, 2021, the Allegheny Corporation purchased equipment for $156.000. The estimated service life of the equipment is 10 years and the estimated residual value is $13,000. The equipment is expected to produce 220,000 units during its life. Required: Calculate depreciation for 2021 and 2022 using each ot the following methods. 2. Double-declining-balance. Required informotion [The following information applies to the questions displayed below. On January 1, 2021, the Allegheny Corporation purchased equipment for $156,000. The estimated service life of the equipment is 10 years and the estimated residual value is $13,000. The equipment is expected to produce 220,000 units during its life Required: Required: Calculate depreciation for 2021 and 2022 using each of the following methods. 3. Units of production (units produced in 2021. 46,000, units produced in 2022, 41,000). (Round "Depreciation per unit rate" answers to 2 decimal places.)
