Question: Exercise 7-49 (Algorithmic) Depreciation Methods Clearcopy, a printing company, acquired a new press on January 1, 2019. The press cost $171,600 and had an expected

Exercise 7-49 (Algorithmic) Depreciation Methods Clearcopy, a printing company, acquired a

Exercise 7-49 (Algorithmic) Depreciation Methods Clearcopy, a printing company, acquired a new press on January 1, 2019. The press cost $171,600 and had an expected life of 8 years or 4,500,000 pages and an expected residual value of $15,000. Clearcopy printed 683,500 pages in 2019. Do not round intermediate calculations. If required, round your answers to the nearest whole dollar. Required: 1. Compute 2019 depreciation expense using the: 2019 a. Straight-line method b. Double-declining-balance method c. Units-of-production method 2. What is the book value of the machine at the end of 2019 under each method? Book Value a. Straight-line method b. Double-declining-balance method $ C. Units-of-production method

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