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Exact Photo Service purchased a new color printer at the beginning of Year 1 for $37,470. 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 $37,470. The printer is expected to have a four-year useful life and a $3.500 salvage value. The expected print production is estimated at $1,772.700 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 549,000 484,100 377,100 385,500 1,795,700 Total The printer was sold at the end of Year 4 for $3,900. 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.) Depreciation Expense Year 1 Year 2 Year 3 Year 4 Total accumulated depreciation $ 0 The printer was sold at the end of Year 4 for $3,900. 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.) Depreciation Expense Year 1 Year 2 Year 3 Year 4 Total accumulated depreciation $ Required information {The following information applies to the questions displayed below.) Exact Photo Service purchased a new color printer at the beginning of Year 1 for $37,470. The printer is expected to have a four-year useful life and a $3,500 salvage value. The expected print production is estimated at $1.772.700 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 549,000 484,100 377,100 385,500 1,795,700 The printer was sold at the end of Year 4 for $3,900. c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. DDB Units-of-production

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