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15 Problem: Module 2 Textbook Problem 15 Learning Objectives: OS Do 2.10 Calculate double-declining balance depreciation and show how it affects financial statements . 2-11

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15 Problem: Module 2 Textbook Problem 15 Learning Objectives: OS Do 2.10 Calculate double-declining balance depreciation and show how it affects financial statements . 2-11 Calculate units of production depreciation and show how it affects financial statements 2-12 Show how gains and losses on disposals of long-term operational assets affect financial statements Hurt Exact Photo Service purchased a new color printer at the beginning of Year 1 for $39,500. The printer is expected to have a four year useful life and a $3.950 salvage value. The expected print production is estimated at 1.500.000 pages. Actual print production for the four years was as follows Year 1 Year 2 Year 3 Year 4 Total 549,100 182,300 380,600 388700 1.800,700 The printer was sold at the end of Year 4 for $4,300 Required 0. Compute the depreciation expense for each of the four years, using double declining balance depreciation. b. Compute the depreciation expense for each of the four years, using units of production depreciation c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods sur Complete this question by entering your answers in the tabs below. 05 DO Required Required Required Compute the depreciation expense for each of the four years, using double dedining balance depreciation (Do not round your intermediate calculations. Round final answers to the nearest whole dollar amount.) Punt Double Declining Balance Yoar 1 (Year 2 Your 3 Year 4 REGRIA Required B Complete this question by entering your answers in the tabs below. Hint Required Aquired B Required C Print Compute the depreciation expense for each of the four years, using units-of-production depreciation. (Round cost per three decimal places. Round other intermediate calculations and your final answers to the nearest dollar.) Units-of- Production Year 1 Year 2 Year 3 Year 4 05 pots Complete this question by entering your answers in the tabs below. lequired Required Required Calculate the amount of Gain or loss from the side of the asset under each of the deprecation methods (Aments to be deduced should be indicated with minion Depreciation Methome Amount Douto Coding Uno Proton (Required

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