Exact Photo Service purchased a new color printer at the beginning of Year 1 for $40,200. The printer is expected to have a four-year useful life and a $4.020 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 551,7ee 480,3ee 377,500 387,9ee 1,797, 400 The printer was sold at the end of Year 4 for $4,320. 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. Complete this question by entering your answers in the tabs below. Saved Help Save & D. compule ule ueprecauon expense or edh die lour years, using units-Ul-prouucuon uepreciation 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 Required Required B > Soved Help Save D. compule me depreciation expense of each of the four years, using units-or-pruuuchon uepreciation 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 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 Saved Help Save & Exit D. compule ule uepreciation expense lor each of the four years, using units-of-prou Chor 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 Effect 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.) Depreciation Methods Amount Double-Declining Balance Units-of-Production
