Required information Exercise 11-3 (Algo) Depreciation methods; partial periods [LO11-2] [The following information applies to the questions displayed below] On October 1, 2024, the Allegheny Corporation purchased equipment for $332.000. The estimated service life of the equipment is 10 years and the estimated residual value is $2.000. The equipment is expected to produce 550.000 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) Part 3 3. Units of production (units produced in 2024, 30,000; units produced in 2025. 45.000) Note: Round "Depreciation per unit rate" answers to 2 decimal places.