Exercise 6-10A (Algo) Double-declining-balance and units-of-production depreciation: gain or loss on disposal LO 6-3, 6-4, 6-5 Exact Photo Service purchased a new color printer at the beginning of Year 1 for $41.500 The printer is expected to have a four-year usefut life and a $4150 salvage value. The expected print production is estimated at 1.500.000 pages Actual print production for the four years was as follows Year 1 Year 2 Year 3 Year 4 Total 554,500 477,300 381,200 394,300 1,507,300 The printer was sold at the end of Year 4 for $4.350 Required a. Compute the depreciation expense for each of the four years using double-declining balance depreciation b. Compute the depreciation expense for each of the four years, using units of production depreciation c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods a. Compute the depreciation expense for each of the four years, using double-declining balance depreciation b. Compute the depreciation expense for each of the four years, using units of production depreciation c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. Complete this question by entering your answers in the tabs below. Required a Required e Required Compute the depreciation expense for each of the four years, using double declining balance depreciation. (Do not round your intermediate calculations. Round final answers to the nearest whole dollar amount.) Double Declining Balance Year 1 Year 2 Year 3 Year 4 Required B > a. Compute the depreciation expense for each of the four years, using double declining balance depreciation b. Compute the depreciation expense for each of the four years, using units of production depreciation c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. M Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the depreciation expense for each of the four years, using units of production depreciation (Round cost per unit to three decimal places. Round other intermediate calculations and your final answers to the nearest dollar) Units of Production Year 1 Year 2 Year 3 Year 4 Required A Required C> a. Compute the depreciation expense for each of the four years, using double declining balance depreciation b. Compute the depreciation expense for each of the four years, using units of production depreciation c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods Complete this question by entering your answers in the tabs below. Required a Required B Required Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. (Amounts to be deducted should be indicated with minus sign.) Amount Effect Depreciation Methods Double-Declining Balance Units-of-Production
