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Depreciation Methods Clearcopy, a printing company, acquired a new press on January 1, 2013. The press cost $171, 600 and had an expected life of

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Depreciation Methods Clearcopy, a printing company, acquired a new press on January 1, 2013. 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 673, 300 pages in 2013. Do not round intermediate calculations. If required, round your answers to the nearest cent. Required: 1. Compute 2013 depreciation expense using the: a. Straight-line method b. Double-declining-balance method c. Units-of-production method What is the book value of the machine at the end of 2013 under each method? a. Straight-line method b. Double-declining-balance method c. Units-of-production method

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