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Required information [The following information applies to the questions displayed belowj Exact Photo Service purchased a new color printer at the beginning of 2018 for
Required information [The following information applies to the questions displayed belowj Exact Photo Service purchased a new color printer at the beginning of 2018 for $39,700. The printer is expected to have a four-year useful life and a $1,588 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 546, 700 477, 100 376, 700 393, 600 1, 794, 100 Total The printer was sold at the end of 2021 for $1,738 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
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