Question: Required information 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

Required information

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 $35,010. The printer is expected to have a four-year useful life and a $3,700 salvage value. The expected print production is estimated at $1,781,800 pages. Actual print production for the four years was as follows.

Year 1 550,800
Year 2 478,500
Year 3 381,600
Year 4 393,900
Total 1,804,800

The printer was sold at the end of Year 4 for $3,950.

Exercise 8-10A (Algo) Part a

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.)

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