Emerson purchased a car intended for business use on January 1. The cars useful life is 8 years and has a residual value of $6,000. The car was purchased for $30,000. Shipping cost $1,000. Taxes applied were $3,000. Because Emerson financed it, she paid $500 for interest expense. Using the Straight Line Method and the Units of Production Method, calculate the accumulated depreciation, depreciation expense, and the book value for the 1^st three years. Table amounts should be the expected amounts on December 31^st.

Total production is 560,000 pages.

Year 1- 90,000 pages

Year 2- 80,000 pages

Year 3- 70,000 pages

Year 4- 60,000 pages

How much does the printer cost? ___________

1. Units of Production

Formula IN WORDS:_____________________

Units of Production calculation:

Year 1	Depreciation Expense	Accumulated Depreciation	Book Value
Year 2
Year 3
Year 4