Exact Photo Service purchased a new color printer at the beginning of Year 1 for $39,200. The printer is expected to have a four-year useful life and a $3,920 salvage value. The expected print production is estimated at 1,500,000 pages. Actual print production for the four years was as follows: Year 1 554,00 Year 2 482,200 Year 3 378,100 Year 4 393.700 Total 1,808,800 The printer was sold at the end of Year 4 for $4,170.