Depreciation Methods Clearcopy, a printing company, acquired a new press on January 1. 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 673,700 pages during the year. Do not round intermediate calculations. If required, round your answers to the nearest whole dollar. Required: 1. Compute depreciation expense using the: 2. What is the book value of the machine at the end of the year under each method