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Depreciation Methods Clearcopy, a printing company, acquired a new press on January 1, 2019. The press cost $171,600 and had an expected life of 8

Depreciation Methods Clearcopy, a printing company, acquired a new press on January 1, 2019. The press cost $171,600 and had an expected life of 8 years or 4,500,000 pages and an expected residual value of $15,000. Clearcopy printed 677,600 pages in 2019. Do not round intermediate calculations. If required, round your answers to the nearest whole dollar.

Required:

1. Compute 2019 depreciation expense using the:

2019
a. Straight-line method $fill in the blank 1
b. Double-declining-balance method $fill in the blank 2
c. Units-of-production method $fill in the blank 3

2. What is the book value of the machine at the end of 2019 under each method?

Book Value
a. Straight-line method $fill in the blank 4
b. Double-declining-balance method $fill in the blank 5
c. Units-of-production method $fill in the blank 6

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