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

Year 1 .........................390,000
Year 2 .........................410,000
Year 3 .........................420,000
Year 4 .........................300,000
Total 1,.........................520,000

The printer was sold at the end of Year 4 for $1,650.

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.