Exact Photo Service purchased a new color printer at the beginning of Year 1 for...
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Accounting
Exact Photo Service purchased a new color printer at the beginning of Year 1 for $38,610. The printer is expected to have a four-year useful life and a $3,100 salvage value. The expected print production is estimated at $1779,900 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Tear 4 Total 550,000 480,800 382,200 390,900 1,803,900 The printer was sold at the end of Year 4 for $3,500, 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 Yeart Year 2 Year 3 Year 4 Total accumulated depreciation $ 19.305
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