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[The following information applies to the questions displayed below.] Exact Photo Service purchased a new color printer at the beginning of Year 1 for
[The following information applies to the questions displayed below.] Exact Photo Service purchased a new color printer at the beginning of Year 1 for $35,150, The printer is expected to have a four-year useful life and a $3,000 salvage value. The expected print production is estimated at $1,782,400 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 545,800 482,900 384,900 Year 4 390,800 Total 1,804,400 The printer was sold at the end of Year 4 for $3,200. 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 11 Year 21 Year 3 Year 4 Total accumulated depreciation 9 < Prev 9 10 11 of 15 Next >
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