Exercise 7-49 (Algorithmic) Depreciation Methods Clearcopy, a printing company, acquired a new press on January 1, 2019. The press cost $171,600 and had an expected life of 8 years or 4,500,000 pages and an expected residual value of $15,000. Clearcopy printed 646,500 pages in 2019. Do not round intermediate calculations. If required, round your answers to the neares whole dollar Required: 1. Compute 2019 depreciation expense using the 2019 Straight-line method b. Double-declining-balance method c Units-of-production method 2. What is the book value of the machine at the end of 2019 under each method Book Value a. Straight-line method b. Double-declining-balance method Units-of-production method