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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 2016 for $38,000. The
The following information applies to the questions displayed below Exact Photo Service purchased a new color printer at the beginning of 2016 for $38,000. The printer Is expected to have a four-year useful life and a $3,500 salvage value. The expected print production Is estimated at 1,500,000 pages. Actual print production for the four years was as follows: 2016 201/ 2018 2019 390,000 A1O,00) 30,0) 300,000 Total 1,520,000 The printer was sold at the end of 2019 for $1,650
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