Question: Exercise 8-10A (Algo) Double-declining-balance and units-of-production depreciation: gain or loss on disposal LO 8-3, 8-4, 8-5 Skip to question [The following information applies to the

Exercise 8-10A (Algo) Double-declining-balance and units-of-production depreciation: gain or loss on disposal LO 8-3, 8-4, 8-5

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[The following information applies to the questions displayed below.] Exact Photo Service purchased a new color printer at the beginning of Year 1 for $39,500. The printer is expected to have a four-year useful life and a $3,700 salvage value. The expected print production is estimated at $1,772,400 pages. Actual print production for the four years was as follows:

Year 1 548,600
Year 2 477,100
Year 3 380,700
Year 4 386,000
Total 1,792,400

The printer was sold at the end of Year 4 for $4,100.

Exercise 8-10A (Algo) 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.)

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