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, 000p pages. Actual print production for the four years was as follows

Ch Learning Objectives: 2-10 Calculate double-declining-balance depreciation and show how it affects financial statements 2-11 Calculate units-of-production depreciation and show how it affects financial statements 2-12 Show how gains and losses on disposals of long-term operational assets affect financial statements Exact Photo Service purchased a new color printer at the beginning of Year 1 for $39,500. The printer is expected to bave 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 Year Year Year Total 550,300 483,000 375,300 389.700 1,798,300 The printer was sold at the end of Year 4 for $4,400 Required Compute the depreciation expense for each of the four years, using double declining-balance depreciation b. Compute the depreciation expense for each of the four years, using units of production depreciation c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. Complete this question by entering your answers in the tabs below. Required a Required B Required Compute the depreciation expense for each of the four years, using double-declining-balance depreciation. (Do not round your intermediate calculations. Round final answers to the nearest whole dollar amount.) Double Declining Balance Year 1 $ Year 2 Year 3 Year 4 $ $ 19,750 9.875 4.938 Required B Complete this question by entering your answers in the tabs below. Required A Required B Required Compute the depreciation expense for each of the four years, using units-of-production depreciation (Round cost per unit to three decimal places. Round other intermediate calculations and your final answers to the nearest dollar) Units of Production Year 1 Year 2 Year 3 Year 4 Complete this question by entering your answers in the tabs below. Required A Required B Required Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. (Amounts to be deducted should be indicated with minus sign.) Amount Etloct Depreciation Methods Double-Declining Balance Units-of Production