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Required information

Exercise $11-4($Algo$)$ Other depreciation methods $[$LO$11-2]$

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On January $1,2024,$ the Allegheny Corporation purchased equipment for $$355,000.$ The estimated service lite of the equipment is $10$ years and the estimated residual value is $$25,000.$ The equipment is expected to produce $300,000$ units during its life.

Required:

Calculate depreciation for $2024$ and $2025$ using each of the following methods.

Exercise $11-4($Algo$)$ Part $2$

$2.150\%$ declining balance.

Note: Round final answers to the nearest whole dollar amount.

$\backslash$table$[[$Year$,\backslash$table$[[$Depreciation$],[$expense$]]],[2024,],[2025,]]$