Help Save & tait Sum Check my 2 Part 2 of 3 Required information The following information applies to the questions displayed below On January 1, 2021, the Allegheny Corporation purchased equipment for $162,000. The estimated service life of the equipment is 10 years and the estimated residual value is $8,000. The equipment is expected to produce 350.000 units during its life. 1 points Required: Calculate depreciation for 2021 and 2022 using each of the following method 2. Double-declining balance Pt Double Decking stance Method Dout the straight Rate Depreciation Bure Formu Beginning Book Value Amount for 2021 Amount for 2022 Check my work Required information The following information applies to the questions displayed below) On October 1, 2021, the Allegheny Corporation purchased equipment for $213,000. The estimated service life of the equipment is 10 years and the estimated residual value is $4,000. The equipment is expected to produce 380,000 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. 1. Straight-line, Straight-Line Depreciation Choose Denominator Choose Numerator Annual Depreciation Au Depreciation Formula Depreciation expense Annual Depreciation x Fraction of Year Amounts Year 2021 2022 x