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Exact Photo Service purchased a new color printer at the beginning of Year 1 for $40,900. The printer is expected to have a four-year useful life and a $4,090 salvage value. The expected print production is estimated at 1,500,000 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 552,700 484,500 383,300 387,300 1,807,800 The printer was sold at the end of Year 4 for $4,290. 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. Complete this question by entering your answers in the tabs below. Required A Required B Required c Compute the depreciation expense for each of the four years, using double-declining-balance depr your intermediate calculations. Round final answers to the nearest whole dollar amount.) Double-Declining Balance Year 1 $ 20,450 Year 2 $ 10,225 5,113 Year 3 $ Year 4 Exact Photo Service purchased a new color printer at the beginning of Year 1 for $40,900. The printer is expected to have a four-year useful life and a $4,090 salvage value. The expected print production is estimated at 1,500,000 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 552,700 484,500 383,300 387,300 1,807,800 Total The printer was sold at the end of Year 4 for $4,290. 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. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the depreciation expense for each of the four years, using units-of-production depreciati three decimal place Round other intermediate calculations and your final answers to the nearest Units-of- Production Year 1 Year 2 Year 3 Year 4 Exact Photo Service purchased a new color printer at the beginning of Year 1 for $40,900. The printer is expected to have a four-year useful life and a $4,090 salvage value. The expected print production is estimated at 1,500,000 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 552,700 484,500 383,300 387,300 1,807,800 The printer was sold at the end of Year 4 for $4,290. 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. Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate the amount of gain or loss from the sale of the asset under each of the depreciation met deducted should be indicated with minus sign.) Amount Effect Depreciation Methods Double-Declining Balance Units-of-Production Gain Gain

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