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Exercise 8-10A (Algo) Double-declining balance and units-of-production depreciation: gain or loss on disposal LO 8-3, 8-4, 8-5 [The following information applies to the questions displayed
Exercise 8-10A (Algo) Double-declining balance and units-of-production depreciation: gain or loss on disposal LO 8-3, 8-4, 8-5 [The following information applies to the questions displayed below.) Exact Photo Service purchased a new color printer at the beginning of Year 1 for $36,700. The printer is expected to have a four-year useful life and a $3,200 salvage value. The expected print production is estimated at $1765,200 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 545,000 477,300 378,200 393,700 1,794,200 The printer was sold at the end of Year 4 for $3,450. Exercise 8-10A (Algo) Part a Required a. Compute the depreciation expense for each of the four years, using double-declining-balance depreciation (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Depreciation Expense Year 1 Year 2 Year 3 Year 4 Total accumulated depreciation
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