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Exact Photo Service purchased a new color printer at the beginning of Year 1 for $36,000. 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 $36,000. The printer is expected to have a four-year useful life and a $3,500 salvage value. The expected print production is estimated at $1790,700 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 553,500 483,100 381,800 393, 300 1,811,700 The printer was sold at the end of Year 4 for $3,750. Exercise 8-10A Part b b. Compute the depreciation expense for each of the four years, using units-of-production depreciation. (Round cost per unit to three decimal places and final answers to the nearest whole dollar amount.) Depreciation Expense Year 1 Year 2 Year 3 Year 4 Total accumulated depreciation $ 0 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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