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Exact Photo Service purchased a new color printer at the beginning of Year 1 for $39,700. 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 $39,700. The printer is expected to have a four-year useful life and a $3,700 salvage value. The expected print production is estimated at $1,770,500 pages. Actual print production for the four years was as follows:

Year 1 550,700
Year 2 477,500
Year 3 375,300
Year 4 390,000
Total 1,793,500

The printer was sold at the end of Year 4 for $4,100.

Required a. Compute the depreciation expense for each of the four years, using double-declining-balance depreciation.

epreciation Expense

Year 1

Year 2

Year 3

Year 4

Total accumulated depreciation$0

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