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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 Year 1

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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 Year 1 for $38,000. The printer is expected to have a four-year useful life and a $3,500 salvage value. The expected print production is estimated at 1,500,000 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 390,000 41e,000 420,000 308,98e 1,520,000 Total The printer was sold at the end of Year 4 for $1,650 Required o. Compute the depreciation expense for each of the four years, using double-declining-balance depreciation. Depreciation Expense Year 1 Year 2 Year 3 Year 4

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