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Exact Photo Service purchased a new color printer at the beginning of Year 1 for...

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Accounting

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Exact Photo Service purchased a new color printer at the beginning of Year 1 for $35,360. The printer is expected to have a four-year useful life and a $4,000 salvage value. The expected print production is estimated at $1,787,200 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 550,300 482,200 383,600 391,100 1,807,200 k The printer was sold at the end of Year 4 for $4,350. Exercise 8-10A Part b b. Compute the depreciation expense for each of the four years, using units-of-production depreciation (Round cost per unit to three decimal places and final answers to the nearest whole dollar amount.) Depreciation Expense Year 1 Year 2 Year 3 Year 4 Total accumulated depreciation $ 0

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