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1 Part 1 of 3 Required information [The following information applies to the questions displayed below On January 1, 2021, the Allegheny Corporation purchased equipment for $150,000. The estimated service life of the equipment is 10 years and the estimated residual value is $7.000. The equipment is expected to produce 360,000 units during its life Required: Calculate depreciation for 2021 and 2022 using each of the following methods 15 points eBook 1. Straight-line Print Straight Line Depreciation Choose Denominator: Choose Numerator: References Annual Depreciation Expense Depreciation Expense Formula Amounts Depreciation Expense 2021 2022 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 $150,000. The estimated service life of the equipment is 10 years and the estimated residual value is $7.000. The equipment is expected to produce 360,000 units during its life Required: Calcutate depreciation for 2021 and 2022 using each of the following methods 15 points eBook 2. Double-declining balance Print Double Declining Balance Method Choose Denominator: Choose Numerator: Depreciation Expense Depreciation Expense Dnes Formula Amount for 2021 Amount for 2022 3 Part 3 of 3 15 points Required information [The following information apples to the questions displayed below) On January 1, 2021. the Allegheny Corporation purchased equipment for $150,000. The estimated service life of the equipment is 10 years and the estimated residual value is $7000. The equipment is expected to produce 360,000 units during its life Required: Calculate depreciation for 2021 and 2022 using each of the following methods. 3. Units of production dunits produced in 2021,40,000 units produced in 2022, 35.000) (Round "Depreciation per unit rate" answers to 2 decimal places.) Select formula for Units of Production Depreciation References Cuculate 2021 depreciation expense Depreciation per unit rate Units produced in 2021 Depreciation in 2021 Code 2022 depreciation expense Depreciation per nitrate Units produced in 2022 Depreciation in 2022 1 Part 1 of 3 Required information [The following information applies to the questions displayed below On January 1, 2021, the Allegheny Corporation purchased equipment for $150,000. The estimated service life of the equipment is 10 years and the estimated residual value is $7.000. The equipment is expected to produce 360,000 units during its life Required: Calculate depreciation for 2021 and 2022 using each of the following methods 15 points eBook 1. Straight-line Print Straight Line Depreciation Choose Denominator: Choose Numerator: References Annual Depreciation Expense Depreciation Expense Formula Amounts Depreciation Expense 2021 2022 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 $150,000. The estimated service life of the equipment is 10 years and the estimated residual value is $7.000. The equipment is expected to produce 360,000 units during its life Required: Calcutate depreciation for 2021 and 2022 using each of the following methods 15 points eBook 2. Double-declining balance Print Double Declining Balance Method Choose Denominator: Choose Numerator: Depreciation Expense Depreciation Expense Dnes Formula Amount for 2021 Amount for 2022 3 Part 3 of 3 15 points Required information [The following information apples to the questions displayed below) On January 1, 2021. the Allegheny Corporation purchased equipment for $150,000. The estimated service life of the equipment is 10 years and the estimated residual value is $7000. The equipment is expected to produce 360,000 units during its life Required: Calculate depreciation for 2021 and 2022 using each of the following methods. 3. Units of production dunits produced in 2021,40,000 units produced in 2022, 35.000) (Round "Depreciation per unit rate" answers to 2 decimal places.) Select formula for Units of Production Depreciation References Cuculate 2021 depreciation expense Depreciation per unit rate Units produced in 2021 Depreciation in 2021 Code 2022 depreciation expense Depreciation per nitrate Units produced in 2022 Depreciation in 2022