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Exercise 8-10A Double-declining-balance and units-of-production depreciation: gain or loss on disposal LO 8-3, 8-4 (The following information applies to the questions displayed below.] Exact Photo

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Exercise 8-10A Double-declining-balance and units-of-production depreciation: gain or loss on disposal LO 8-3, 8-4 (The following information applies to the questions displayed below.] Exact Photo Service purchased a new color printer at the beginning of Year 1 for $36,340. The printer is expected to have a four-year useful life and a $3,900 salvage value. The expected print production is estimated at $1,773,600 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 546,700 479,400 383,600 385,900 1,795,500 The printer was sold at the end of Year 4 for $4,050. Exercise 8-10A 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 [The following information applies to the questions displayed below.] Exact Photo Service purchased a new color printer at the beginning of Year 1 for $36,340.The printer is expected to have a four-year useful life and a $3,900 salvage value. The expected print production is estimated at $1,773,600 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 546,700 479,400 383,600 385,900 1,795,600 The printer was sold at the end of Year 4 for $4,050. Exercise 8-10A Part b b. Compute the depreciation expense for each of the four years, using units-of-production depreciation. (Round cost per unit to three decimal places and final answers to the nearest whole dollar amount.) Depreciation Expense Year 1 Year 2 Year 3 Year 4 Total accumulated depreciation Required information Exercise 8-10A Double-declining-balance and units-of-production depreciation: gain or loss on disposal LO 8-3, 8-4 (The following information applies to the questions displayed below.] Exact Photo Service purchased a new color printer at the beginning of Year 1 for $36,340.The printer is expected to have a four-year useful life and a $3,900 salvage value. The expected print production is estimated at $1,773,600 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 546,700 479,400 383,600 385,900 1,795,600 The printer was sold at the end of Year 4 for $4,050. Exercise 8-10A Part c c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. DDB Units-of-production

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