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Exact Photo Service purchased a new color printer at the beginning of Year 1 for $41.600. The printer is expected to have a four-year useful

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Exact Photo Service purchased a new color printer at the beginning of Year 1 for $41.600. The printer is expected to have a four-year useful life and a $4160 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 2 Year 3 Year 4 Total 554,800 475, 100 383,300 389, 109 1,802,300 The printer was sold at the end of Year 4 for $4,560. Required a. 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 Required A Required B Required C Compute the depreciation expense for each of the fou your intermediate calculations. Round final answers to Double-Declining Balance Year 1 Year 2 Year 3 Year 4 Required A Required B Required c Compute the depreciation expense for each of the four year three decimal places. Round other intermediate calculations Units-of- Production Year 1 Year 2 Year 3 Year 4

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