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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

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 $36,340. The printer is expected to have a four-year useful life and a $3,400 salvage value. The expected print production is estimated at $1,775,800 pages. Actual print production for the four years was as follows: Year 1 546,900 Year 2 479,000 Year 3 379,000 Year 4 394,900 Total 1,799,800 The printer was sold at the end of Year 4 for $3,650. Required: a. Compute the depreciation expense for each of the four years, using double-declining-balance depreciation. Note: Do not round Intermediate calculations. Round your answers to the nearest whole dollar amount. Depreciation Expense Year 2 Total accumulated depreciation b. Compute the depreciation expense for each of the four years, using units of production depreciation. Note: Round cost per unit to three decimal places and final answers to the nearest whole dollar amount. Depreciation Expense Year 1 Year 2 Year 3 Year 4 Total accumulated depreciation

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