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BELOW WILL BE THE ANSWERS TO THE ACCOUNTING QUESTIONS THE PREVIOUS EXPERTS GAVE ME. SOME ARE WRONG. CAN YOU CLEARLY TELL ME THE RIGHT ANSWERS
BELOW WILL BE THE ANSWERS TO THE ACCOUNTING QUESTIONS THE PREVIOUS EXPERTS GAVE ME. SOME ARE WRONG. CAN YOU CLEARLY TELL ME THE RIGHT ANSWERS FOR THIS PROBLEM CLEARLY PLEASE.
CAN YOU PLEASE TELL ME THE RIGHT ANSWER FOR THE ONE THATS WRONG
Exercise 8-10A Double-declining-balance and units-of-production depreciation: gain or loss on disposal LO 8-3, 8-4 [The following information applies to the questions displayed below.) Exact Photo Service purchased a new color printer at the beginning of Year 1 for $39,510. The printer is expected to have a four-year useful life and a $3,900 salvage value. The expected print production is estimated at $1,792,200 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 554,500 481,000 383,200 393,500 1,812,200 The printer was sold at the end of Year 4 for $4,100. c. Calculate the amount of gain or loss from the sale of the asset under each of the depreci. DDB Units-of-production $ $ 200 Gain 653 x Gain [The following information applies to the questions displayed below.) Exact Photo Service purchased a new color printer at the beginning of Year 1 for $39,510. The printer is expected to have a four-year useful life and a $3,900 salvage value. The expected print production is estimated at $1,792,200 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 554,500 481,000 383,200 393,500 1,812,200 The printer was sold at the end of Year 4 for $4,100. c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. DOB $ 200 Gain Units-of-production
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