Depreciation Methods Clearcopy, a printing company, acquired a new press on January 1. The press cost $173,000 and had an expected life of 8 years or 5,000,000 pages and an expected residual value of $16,200. Clearcopy printed 655,000 pages during the year.

Depreciation Methods Clearcopy, a printing company, acquired a new press on January 1 . The press cost $173,000 and had an expected life of 8 years or 5,000,000 pages and an expected residual value of $16,200. Clearcopy printed 655,000 pages during the year. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. Open spreadsheet Required: Do not round intermediate calculations. If required, round your answers to the nearest whole dollar. 1. Compute depreciation expense using the: 2. What is the book value of the machine at the end of the year under each method