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Required information Exercis 8-10A Double-declining-balance and units-of-production depreciation: gain or loss on disposal LO 8-3, 8-4 [The following information applies to the questions displayed below.)

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Required information Exercis 8-10A Double-declining-balance and units-of-production depreciation: gain or loss on disposal LO 8-3, 8-4 [The following information applies to the questions displayed below.) Exact Photo Service purchased a new color printer at the beginning of Year 1 for $38,540. The printer is expected to have a four-year useful life and a $3,100 salvage value. The expected print production is estimated at $1773,800 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 548, 100 477, see 377,800 392,400 1,795,800 The printer was sold at the end of Year 4 for $3,550. Exercise 8-10A Part a Required a. Compute the depreciation expense for each of the four years, using double-declining-balance depreciation. (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Year 1 Year 2 Year 3 Year 4 Depreciation Expense $ 19,270 9,635 4,818 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 1 Year 2 Year 3 Yoar 4 Total accumulated depreciation Depreciation Expense $ 10,962 9,550 7,556 7 408 $ 35,476 c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods DDB Units-of- Production Gain

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