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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
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 $38,850. The printer is expected to have a four-year useful life and a $3,100 salvage value. The expected print production is estimated at $1,780,600 pages. Actual print production for the four years was as follows: Year 1 551,500 Year 2 477,400 Year 3 383,400 Year 4 Total 388,300 1,800,600 The printer was sold at the end of Year 4 for $3,250. b. Compute the depreciation expense for each of the four years, using units-of-production depreciation. (Round cost per unit to three decimal places and final answers to the nearest whole dollar amount.) Depreciation Expense Year 11 Year 2 Year 3 Year 41 Total accumulated depreciation
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