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Chapter 6 Homework 2 Exact Photo Service purchased a new color printer at the beginning of Year 1 Tor $40,60u. I ne printer is expected to nave a four-year useful life and a $4,060 salvage value. The expected print production is estimated at 1,500,000 pages. Actual print production for the four years was as follows: 40 points eBook Hint Print References Year 1 Year 2 Year 3 Year 4 Total The printer was sold at the end of Year 4 for $4,410. 554,000 483,700 375,500 386,600 1,799,800 Required a. Compute the depreciation expense for each of the four years, using double-declining-balance depreciation. b. Compute the depreciation expense for each of the four years, using units-of-production depreciation. c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. Required A Complete this question by entering your answers in the tabs below. Year 1 Year 2 Year 3 Year 4 Required B Saved Required C Compute the depreciation expense for each of the four years, using double-declining-balance depreciation. Note: Do not round your intermediate calculations. Round final answers to the nearest whole dollar amount. Double-Declining Balance Help Save & Exit Submit Check my work 4

Exact imoto service purcnased a new color printer at the beginning of reat 1 tor squ,buU. ine printer is expecteo to nave a four -year useful life and a $4,060 salvage value. The expected print production is estimated at 1,500,000 pages. Actual print production for the four years was as follows. The printer was sold at the end of Year 4 for $4,410. quired a. Compute the depreciation expense for each of the four years, using double-declining ba lance depreciation. b. Compute the depreciation expense for each of the four years, using units-of-production depreciation. c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. Complete this question by entering your answers in the tabs below. Compute the depreciation expense for esch of the four vears, using units-of-production depreciation. Note: Round cost per unit to three decimal places. Round other intermediate calculations and your final answers to the nearest dollar. usefub ble and a $4060 salvsge value. The expected print production is estinsted at 1500000 pages. Actual print prodiction for the fosir years was as foloms: The printer was sold at the end of Year 4 for $4.410 Aequilred a. Compute the depresiation expense for each of the four years, using double declining balance depreciation. b. Compute the depreciation experse for each of the four years, uning units-of-prodiaction deprociotion c. Caiculale the amsount of gain or loss from the sale of the esser under each of the depeeciation methods. Complete this question by entering your answers in the tabs below. Compute the depreclatos espense for each or the four years, wing douele decining balance depreciavon. Exact rnoto service purcnased a new coior ptanter at the beginning of year i tor s4ubuu ine printer is expected to nave a four-year useful hife and a $4,060 salvage value. The expected print production is estimated at 1,500,000 pages. Actual print production for the four years was as follows: The printer was sold at the end of Year 4 for $4,410. Required a. Compute the depreciation expense for each of the four years, using double-declining balance depreciation b. Compute the depreciation expense for each of the four years, using units-of-production deprecietion. c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. Complete this question by entering your answers in the tabs below. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. Hote: Armounts to be deducted strould be indicated with minus sign

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