Exact Photo Service purchased a new color printer at the beginning of Year 1 for $38,000. The printer is expected to have a four-year useful life and a $3,500 salvage value. The expected print production is estimated at 1,500,000 pages. Actual print production for the four years was as follows:

Year 1	390,000
Year 2	410,000
Year 3	420,000
Year 4	300,000
Total	1,520,000

The printer was sold at the end of Year 4 for $1,650.

Required

1. Compute the depreciation expense for each of the four years, using double-declining-balance depreciation.

   	Double-Declining Balance
   YEAR 1
   YEAR 2
   YEAR 3
   YEAR 4

2. Compute the depreciation expense for each of the four years, using units-of-production depreciation.

   	units-of-production
   YEAR 1
   YEAR 2
   YEAR 3
   YEAR 4

3. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods.

   Depreciation Methods

   Amount

   Effect

   Double-Declining Balance

   Units-of-Production