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Exact Photo Service purchased a new color printer at the beginning of Year 1 for $38,890. 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 $38,890. The printer is expected to have a four-year useful life and a $3,400 salvage value. The expected print production is estimated at $1775 100 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 545,900 481,200 381,200 390,800 1,799, 100 The printer was sold at the end of Year 4 for $3,800 Required a. Compute the depreciation expense for each of the four years, using double declining balance depreciation. (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Year Year 2 Years Year & Depreciation Expense $ 19.445 9,723 4,861
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