Check my work 3 Part 1 of 3 Required information 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 $38,320. The printer is expected to have a four-year useful life and a $3,000 salvage volue. The expected print production is estimated at $1,772,700 pages. Actual print production for the four years was as follows: 16.66 pont ebook Hint Year 1 Year 2 Year Year 4 Total 554,100 475, 100 378,800 387700 1,795,700 Print The printer was sold at the end of Year 4 for $3,350. Exercise 8-10A Part a 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 Required information 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 $38,320. The printer is expected to have a four-year useful life and a $3,000 salvage value. The expected print production is estimated at $1,772,700 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 554,100 475, 100 378,800 387,700 1,795,70 The printer was sold at the end of Year 4 for $3,350. Exercise 8-10A Part b b. Compute the depreciation expense for each of the four years, using units-of-production depreciation (Round cost per unit to three decimal places and final answers to the nearest whole dollar amount.) Depreciation Expense Year 1 Year 2 Year 3 Year 4 Total accumulated depreciation ! Required information 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 $38,320. The printer is expected to have a four-year useful life and a $3,000 salvage value. The expected print production is estimated at $1772,700 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 554,100 475, 100 378,800 387,700 1,795,700 The printer was sold at the end of Year 4 for $3,350. Exercise 8-10A Part c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. DDB Units-of-production
