Question: Exercise 8-10A Double-declining-balance and units-of-production depreciation: gain or loss on disposal LO 8-3, 8-4 [The following information applies to the questions displayed below) Exact Photo

 Exercise 8-10A Double-declining-balance and units-of-production depreciation: gain or loss on disposal
LO 8-3, 8-4 [The following information applies to the questions displayed below)
Exact Photo Service purchased a new color printer at the beginning of

Exercise 8-10A Double-declining-balance and units-of-production depreciation: gain or loss on disposal LO 8-3, 8-4 [The following information applies to the questions displayed below) Exact Photo Service purchased a new color printer at the beginning of Year 1 for $36,760. The printer is expected to have a four-year useful life and a $3,300 salvage value. The expected print production is estimated at $1,771,000 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 550,680 475,000 380,800 386,600 1,793,000 The printer was sold at the end of Year 4 for $3,400 Exercise 8-10A Parta Required a. Compute the depreciation expense for each of the four years, using double-declining balance depreciation (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Depreciation Expense Year 1 Year 2 Year 3 Year 4 Total accumulated depreciation $ 0 Exercise 8-10A 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.) Depreciation Expense Yeart Year 2 Year 3 Year 4 Total accumulated depreciation 0 Exercise 8-10A Part c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. DDB Units-of. Production

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