Required information Exercise 8-10A (Algo) Double-declining-balance and units-of-production depreciation: gain or loss on disposal LO 8-3, 8-4, 8-5 [The following information applies to the questions displayed below.) Exact Photo Service purchased a new color printer at the beginning of Year 1 for $39,390. The printer is expected to have a four-year useful life and a $3,600 salvage value. The expected print production is estimated at $1,761,500 pages. Actual print production for the four years was as follows: Year 1 Year 2 548,600 Year 3 Year 4 Total 477,300 380,100 385,500 1,791,500 The printer was sold at the end of Year 4 for $3,750. Exercise 8-10A (Algo) Part a 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. Depreciation Expense Year 1 Year 2 Year 3 Year 4 13 Exercise 8-10A (Algo) Double-declining-balance and units-of-production depreciation: gain or loss on disposal LO 8-3,8-4, 8-5 [The following information applies to the questions displayed below.] Exact Photo Service purchased a new color printer at the beginning of Year 1 for $39,390. The printer is expected to have a four-year useful life and a $3,600 salvage value. The expected print production is estimated at $1,761,500 pages. Actual print production for the four years was as follows: 548,600 Year 1 Year 2 477,300 Year 3 380,100 385,500 Year 4 Total 1,791,500 The printer was sold at the end of Year 4 for $3,750. Exercise 8-10A (Algo) Part b b. 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. Depreciation Expense Year 1 Year 2 Year 3 Year 4 Total accumulated depreciation Required information Exercise 8-10A (Algo) Double-declining-balance and units-of-production depreciation: gain or loss on disposal LO 8-3,8-4, 8-5 [The following information applies to the questions displayed below.] Exact Photo Service purchased a new color printer at the beginning of Year 1 for $39,390. The printer is expected to have a four-year useful life and a $3,600 salvage value. The expected print production is estimated at $1,761,500 pages. Actual print production for the four years was as follows: Year 1 548,600 Year 2 477,300 Year 3 380,100 Year 4 385,500 1,791,500 Total The printer was sold at the end of Year 4 for $3,750. Exercise 8-10A (Algo) Part c c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. Double-declining-balance Units-of-production