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Please answer all 3 parts of the question. The first picture provides information. [The following information applies to the questions displayed below.] Exact Photo Service
Please answer all 3 parts of the question.
[The following information applies to the questions displayed below.] Exact Photo Service purchased a new color printer at the beginning of Year 1 for $36,590. The printer is expected to have a four-year useful life and a $3,800 salvage value. The expected print production is estimated at $1,760,300 pages. Actual print production for the four years was as follows: The printer was sold at the end of Year 4 for $3,900. Required: . 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. o. Compute the depreciation expense for each of the four years, using units-of-production depreciation. Note: Round cost per unit to three decimal places and final answers to the nearest whole dollar amount. : Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods The first picture provides information.
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