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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 $39,790. The printer is expected to have a four-year useful life and a $3,600 salvage value. The expected print production is estimated at $1,763,200 pages. Actual print production for the four years was as follows. Year 1 546,900 Year 2 476,200 Year 3 379,100 Year 4 385,000 Total 1,787,200 The printer was sold at the end of Year 4 for $3,900. Required a. Compute the depreciation expense for each of the four years, using double-declining-balance depreciation. (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Depreciation Expense Year 1 Year 2 Year 3 Year 4 Total accumulated depreciation $
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