Exact Photo Service purchased a new color printer at the beginning of Year 1 for $39,500. The printer is expected to have a four-year useful life and a $3,950 salvage value. The expected print production is estimated at 1,500,000 pages. Actual print production for the four years was as follows: Year 1 546,600 Year 2 481,800 Year 3 384,400 Year 4 385,500 Total 1,798,300 The printer was sold at the end of Year 4 for $4,250. Required Compute the depreciation expense for each of the four years, using double-declining-balance depreciation. Compute the depreciation expense for each of the four years, using units-of-production depreciation. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods.

	Double-Declining Balance
Year 1	$19,750
Year 2	$9,875
Year 3	$4,938
Year 4

Units-of-Production
Year 1
Year 2
Year 3
Year 4

Depreciation Methods	Amount	Effect
Double-Declining Balance	$150	Gain
Units-of-Production	$150	Gain