Required information [The following information applies to the questions displayed below. Exact Photo Service purchased a new color printer at the beginning of 2018 for $41,100. The printer is...





Required information [The following information applies to the questions displayed below. Exact Photo Service purchased a new color printer at the beginning of 2018 for $41,100. The printer is expected to have a four-year useful life and a $1,644 salvage value. The expected print production is estimated at 1,500,000 pages. Actual print production for the four years was as follows: 2018 2019 2020 549,500 483,500 378,300 390,200 2021 1,801,500 Total The printer was sold at the end of 2021 for $1,744 Required a. Compute the depreciation expense for each of the four years, using double-declining-balance depreciation. (Do not round your intermediate calculations. Round final answers to the nearest whole dollar amount. Leave no cells blank- be certain to enter "O" wherever required.) Double-Declining Balance 2018 2019 2020 2021

May 17, 2022
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