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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 2018 for
Required information [The following information applies to the questions displayed below.] Exact Photo Service purchased a new color printer at the beginning of 2018 for $39,400. The printer is expected to have a four-year useful life and a $1,576 salvage value. The expected print production is estimated at 1,500,000 pages. Actual print production for the four years was as follows: 2018 547,700 475,600 378,700 390,100 2019 2020 2021 1,792,100 Total The printer was sold at the end of 2021 for $1,876. Required b. Compute the depreciation expense for each of the four years, using units-of-production depreciation. (Round cost per unit to three decimal places. Round your final answers to nearest dollar amount.) Units-of- Production 2018 2019 2020 2021
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