On January 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 Exercise 11-2 (Algo) Part 2 2. Double-declining-balance On January 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. Exercise11−2(Algo) Part 3 3. Units of production (units produced in 2024, 34,000; units produced in 2025, 29,000). Note: Round "Depreciation per unit rate" onswers to 2 decimal places. On October 1, 2024, the Allegheny Corporation purchased equipment for$157,000. The estimated service life of the equipment is 10 years and the estimated residual value is$3,000. The equipment is expected to produce 350,000 units duting 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. Double-declining-batance.