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 $36,700. The printer is expected to have a four-year useful life and a $3,200 salvage value. The expected print production is estimated at $1777,900 pages. Actual print production for the four years was as follows: Year 1 548,800 Year 2 482,500 Year 3 382,000 Year 4 389,600 Total 1,802,900 The printer was sold at the end of Year 4 for $3,300 Exercise 8-10A Part c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. DDB Units-of- Production 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 $36,700. The printer is expected to have a four-year useful life and a $3,200 salvage value. The expected print production is estimated at $1.777,900 pages. Actual print production for the four years was as follows: Year 1 548,800 Year 2 482,500 Year 3 382,000 Year 4 389,600 Total 1,802,900 The printer was sold at the end of Year 4 for $3,300. 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.) Year 1 Year 2 Year 3 Year 4 Total accumulated depreciation Depreciation Expense $ 10,341 9,091 7.182 7.324 $ 33,938