$[$The following information applies to the questions displayed below.$]$

On October $1,2024,$ 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 $2024$ and $2025$ using each of the following methods. Partial$-$year depreciation is calculated based on the number of months the asset is in service.

Units of production $($units produced in $2024,12,000$; units produced in $2025,27,000).$

Jote: Round "Depreciation per unit rate" answers to $2$ decimal places.

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