Required information Exercise 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 $36,880. The printer is expected to have a four-year useful life and a $4,000 salvage value. The expected print production is estimated at $1,766,200 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 552,500 478,000 375,400 389,300 1,795,200 The printer was sold at the end of Year 4 for $4,450. 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.) Depreciation Expense $ 18,440 9,220 Year 1 Year 2 Year 3 Year 4 Total accumulated depreciation 4.610 2,305 34.575 $ Required information Exercise 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 $36,880. The printer is expected to have a four-year useful life and a $4,000 salvage value. The expected print production is estimated at $1,766,200 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 552,500 478,000 375,400 389,300 1,795,200 The printer was sold at the end of Year 4 for $4,450. Exercise 8-10A Parts c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. & Answer is complete but not entirely correct. DDB Units-of- Production $ 990 Loss $ 990 Required information Exercise 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 $36,880. The printer is expected to have a four-year useful life and a $4,000 salvage value. The expected print production is estimated at $1,766,200 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 552,500 478,000 375,400 389,300 1,795, 200 The printer was sold at the end of Year 4 for $4,450. Exercise 8-10A Part 6 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.) Answer is complete but not entirely correct. Year 1 Year 2 Year 3 Year 4 Total accumulated depreciation Depreciation Expense 10,285 8,899 6,989 7,247 $ 33,420