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 $39,340.The printer is expected to have a four-year useful life and a $3,900 salvage value. The expected print production is estimated at $1,768,500 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 552,600 480,500 376,200 388,200 1,797,500 The printer was sold at the end of Year 4 for $4,300. Exercise 8-10A Part c c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. DOB Units-of- Production $ 980 Gain $ 700