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Graphics Service Co. purchased a new color copier at the beginning of 2014 for $47,000. The copier is expected to have a five year useful

Graphics Service Co. purchased a new color copier at the beginning of 2014 for $47,000. The copier is expected to have a five year useful life and a $7,000 salvage value. The expected copy production was estimated at 2,000,000 copies. Actual copy production for the five years was as follows.

2014- 560,000

2015- 490,000

2016- 430,000

2017- 350,000

2018- 210,000

Total- 2,040,000

A-) Compute the depreciation expense for each of the five years, using double-declining-balance depreciation.

2014- $18,800

2015- $11,280

2016- ?

2017- ?

2018- ?

B-) Compute the depreciation expense for each of the five years, using units-of-production depreciation.

2014- $11,200

2015- $9,800

2016-?

2017-?

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