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CAN YOU PLEASE HELP ME SOLVE THIS ACCOUNTING PROBLEM [The following information applies to the questions displayed below.) Exact Photo Service purchased a new color
CAN YOU PLEASE HELP ME SOLVE THIS ACCOUNTING PROBLEM
[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. Required a. Compute the depreciation expense for each of the four years, using double-declining-balance depreciation. (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Depreciation Expense Year 1 Year 2 Year 3 Year 4 Total accumulated depreciation $ 0
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