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Part 1 of 3 16.66 points Required Information [The following information applies to the questions displayed below.) Exact Photo Service purchased a new color
Part 1 of 3 16.66 points Required Information [The following information applies to the questions displayed below.) Exact Photo Service purchased a new color printer at the beginning of Year 1 for $35,540. The printer is expected to have a four-year useful life and a $3,700 salvage value. The expected print production is estimated at $1,775,500 pages. Actual print production for the four years was as follows: Year 1 552,400 Year 2 479,100 Book Year 3 381,000 Year 4 385,000 Hint Print References Total 1,797,500 The printer was sold at the end of Year 4 for $4,200. Required: a. Compute the depreciation expense for each of the four years, using double-declining-balance depreciation. Note: Do not round Intermediate calculations. Round your answers to the nearest whole dollar amount.
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