Exact Photo Service purchased a new color printer at the beginning of Year 1 for $36,240....
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Exact Photo Service purchased a new color printer at the beginning of Year 1 for $36,240. The printer is expected to have a four-year useful life and a $3,300 salvage value. The expected print production is estimated at 1,774,600 pages. Actual print production for the four years was as follows. Year 1 550,300 Year 2 480,500 Year 3 384,500 Year 4 387,300 Total 1,802,600 The printer was sold at the end of Year 4 for $3,450. equired Compute the depreciation expense for each of the four years, using double-declining-balance depreciation. (Do not und intermediate calculations. Round your answers to the nearest whole dollar amount.) Depreciation Expense ear 1 ear 2 ear 3 ear 4 otal accumulated depreciation $ 0 Exact Photo Service purchased a new color printer at the beginning of Year 1 for $36,240. The printer is expected to have a four-year useful life and a $3,300 salvage value. The expected print production is estimated at 1,774,600 pages. Actual print production for the four years was as follows. Year 1 550,300 Year 2 480,500 Year 3 384,500 Year 4 387,300 Total 1,802,600 The printer was sold at the end of Year 4 for $3,450. equired Compute the depreciation expense for each of the four years, using double-declining-balance depreciation. (Do not und intermediate calculations. Round your answers to the nearest whole dollar amount.) Depreciation Expense ear 1 ear 2 ear 3 ear 4 otal accumulated depreciation $ 0
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