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Exact Photo Service purchased a new color printer at the beginning of Year 1 for $42,100. The printer is expected to have a four-year useful
Exact Photo Service purchased a new color printer at the beginning of Year 1 for $42,100. The printer is expected to have a four-year useful life and a $4,210 salvage value. The expected print production is estimated at 1,500,000 pages. Actual print production for the four years was as follows:
Year 1 549,100
Year 2 484,500
Year 3 379,000
Year 4 390,200
Total 1,802,800
The printer was sold at the end of Year 4 for $4,610.
Compute the depreciation expense for each of the four years, using units-of-production depreciation.
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