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is this correct? The following information applies to the questions displayed below. Exact Photo Service purchased a new color printer at the beginning of Year
is this correct?
The following information applies to the questions displayed below. Exact Photo Service purchased a new color printer at the beginning of Year 1 for $39,340.The printer is expected to have a four-year useful life and a $3,900 salvage value. The expected print production is estimated at $1,768,500 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 552,600 480,500 376,20 388,200 1,797,5ee The printer was sold at the end of Year 4 for $4,300. 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.) Year 2 Depreciation Expense 11.052 9.610 7,524 7,254 3 5,440 Year 3 Year 4 Total accumulated depreciation S Step by Step Solution
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