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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 $36,660. The printer is expected to have a four-year useful life and a $3,900 salvage value. The expected print production is estimated at $1,775,200 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 547,400 481,700 375,800 390,300 1,795,200 The printer was sold at the end of Year 4 for $4,300. 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.) Answer is complete but not entirely correct. Depreciation Expense Year 1 $ 18,330 Year 2 9.165 Year 3 4,583 Year 4 4,522 Total accumulated depreciation $ 36,600

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