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.

b. Compute the depreciation expense for each of the four years, using units-of-production depreciation.

Depreciation Expense

Year 1

Year 2

Year 3

Year 4

Total accumulated depreciation$0

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.

c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods.

DDB =

Units-of-production=