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Seved Required information The following information applies to the questions displayed below) Exact Photo Service purchased a new color printer at the beginning of 2018

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Seved 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 $41,400. The printer is expected to have a four-year useful life and a $1,656 salvage value. The expected print production is estimated at 1,500,000 pages. Actual print production for the four years was as follows: 2018 2019 2020 2021 Total 545,900 477,900 384,602 387,400 1,795,800 The printer was sold at the end of 2021 for $2,056, c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. (Amounts to be deducted should be indicated with minus sign.) Amount Effect Depreciation Methods Double-Declining Balance Units-of-Production Gain Gain

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