Question: Required information Exercise 11-3 (Algo) Depreciation methods; partial periods [LO11-2] The following information appires to the questions displayed below] On October 1, 2024, the Allegheny

Required information Exercise 11-3 (Algo) Depreciation methods; partial periods [LO11-2] The following information appires to the questions displayed below] On October 1, 2024, the Allegheny Corporation purchased equipment for $233,000. The estimated service life of the equipment is 10 years and the estimated residual value is $2,000. The equipment is expected to produce 420.000 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. Exercise 11-3 (Algo) Port 3 3. Units of production (units produced in 2024, 21,000, units produced in 2025, 36,000) Note: Round "Depreciotion per unit rote" onswers to 2 decimal places

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