HW Problem 8.1 - Copy Company purchased a new photocopier for $85,000 on 1/1/X1. The copier has an expected life of 4 years or 2,000,000 copies, and an expected salvage value of $5,000. Calculate the annual depreciation over the life of the new copier using the straight-line, double-declining balance, and units of production methods. Assume that 450,000 copies were made in 20X1, 600,000 in 20X2, 700,000 in 20X3, and 400,000 in 20X4. Be sure to show your work in Excel. When you're done, enter in the annual depreciation into the following table