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5 Exact Photo Service purchased a new color printer at the beginning of Year 1 for $43,000. The printer is expected to have a four

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5 Exact Photo Service purchased a new color printer at the beginning of Year 1 for $43,000. The printer is expected to have a four year useful life and a $4,300 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 552,200 475,900 383,200 390,600 1,801,900 The printer was sold at the end of Year 4 for $4,550. Required a. 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. ot Required A Required B Required C Compute the depreciation expense for each of the fou your intermediate calculations. Round final answers t Double-Declining Balance Year 1 Year 2 Year 3 Year 4 Complete this question by entering yo Required A Required B Required c Compute the depreciation expense for each three decimal places. Round other intermedi Units-of- Production Year 1 Year 2 Year 3 Year 4 Required A Required B Requireto Calculate the amount of gain or loss for no Cole of the asset under Required C deducted should be indicated with minus sign.) Amount Effect Depreciation Methods Double-Declining Balance Units-of-Production

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