Exact Photo Service purchased a new color printer at the beginning of 2016 for $39,340. The printer is expected to have a four-year useful life and a $3,400 salvage value. The expected print production is estimated at $1,766,400 pages. Actual print production for the four years was as follows:

Exercise 8-13A Double-declining-balance and units-of-production depreciation: gain or loss on disposal [The following information applies to the questions displayed below.] Exact Photo Service purchased a new color printer at the beginning of 2016 for $39,340. The printer is expected to have a four-year useful life and a $3,400 salvage value. The expected print production is estimated at $1,766,400 pages. Actual print production for the four years was as follows: 2016 2017 2018 547,800 477,900 377,300 387,400 Total 1,790,400 The printer was sold at the end of 2019 for $3,850