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20. Photo Studios began their business in the beginning of 2018. They are professional photographers that offer creative photography services. In the beginning of 2018,

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20. Photo Studios began their business in the beginning of 2018. They are professional photographers that offer creative photography services. In the beginning of 2018, they deposited $20,000 as capital into their business account. They rented a small shop for 1 year for $2,000 a month and they paid the last month's rent in advance. They bought a printer for $2,000. Their printer has an estimated useful life of 4 years. After 4 years, there will be no value to the asset. Their revenue for the first 4 months was $6,000, $8,000, $9,000, and $10,000. They also sell creative photo frames in their store. During these 4 months, they made $3,000 from photo frame sales. The cost of those products sold is $1,000. 1) How much of their printer depreciation should be stated for the four months ending April 30, 2018

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