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Required information The following information applies to the questions displayed below.] Exact Photo Service purchased a new color printer at the beginning of 2018 for
Required information The following information applies to the questions displayed below.] Exact Photo Service purchased a new color printer at the beginning of 2018 for $42,800. The printer is expected to have a four-year useful life and a $1,712 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 547,600 484,500 379,100 388,900 1,800,100 Total The printer was sold at the end of 2021 for $1,962 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 "O" wherever required.) Double-Declining Balance 2018 2019 2020 2021 21,400 10,700 5,350
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