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Required Information Exercise 6-10 Double-declining balance and units-of-production depreciation: gain or loss on disposal LO 6-3, 6-4 [The following Information applies to the questions displayed
Required Information Exercise 6-10 Double-declining balance and units-of-production depreciation: gain or loss on disposal LO 6-3, 6-4 [The following Information applies to the questions displayed below.] Exact Photo Service purchased a new color printer at the beginning of 2018 for $41,500. The printer is expected to have a four-year useful life and a $1,660 salvage value. The expected print production is estimated at 1,500,000 pages. Actual print production for the four years was as follows: 2018 2019 2020 2021 Total 549.280 475,500 381,900 391,499 1,798,888 The printer was sold at the end of 2021 for $2,160. Exercise 6-10 Part a Required a. Compute the depreciation expense for each of the four years, using double-declining-balance depreciation. (Do not round your Intermediate calculations. Round final answers to the nearest whole dollar amount. Leave no cells blank - be certain to enter "0" wherever required.) Double-Declining Balance 2018 2019 2020 2021
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