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Can someone help me figure out the amount for DDB? I had previously asked and the person put 702, and that is incorrect. (702) is
Can someone help me figure out the amount for DDB? I had previously asked and the person put 702, and that is incorrect. (702) is also marked wrong.
c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. (Amounts to be deducted should be indicated with minus sign.) Answer is complete but not entirely correct. Depreciation Methods Amount Effect Double-Declining Balance $ 702 Gai $ 200 G Units-of-Production Gain Exact Photo Service purchased a new color printer at the beginning of 2018 for $40,100. The printer is expected to have a four-year useful life and a $1,604 salvage value. The expected print production is estimated at 1,500,000 pages Actual print production for the four years was as follows: 2018 2019 2020 2021 546,400 476,400 375,500 386,700 1,785,000 Total The printer was sold at the end of 2021 for $1,804. c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. (Amounts to be deducted should be indicated with minus sign.) Answer is not complete. Depreciation Methods Amount Effect Double-Declining Balance Gain 2009 Gain Units-of-ProductionStep by Step Solution
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