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Exact Photo Service purchased a new color printer at the beginning of Year 1 for $37,810. The printer is expected to have a four-year
Exact Photo Service purchased a new color printer at the beginning of Year 1 for $37,810. The printer is expected to have a four-year useful life and a $3,500 salvage value. The expected print production is estimated at $1,774,000 pages. Actual print production for the four years was as follows: Year 1 549,300 Year 2 483,200 Year 3 376,800 Year 4 390,700 Total 1,800,000 The printer was sold at the end of Year 4 for $3,850. Required a. Compute the depreciation expense for each of the four years, using double-declining-balance depreciation. (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Depreciation Expense Year 11 Year 2 Year 3 Year 41 Total accumulated depreciation:
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