Business, 30.03.2020 15:18 tinajackson3346

Exact Photo Service purchased a new color printer at the beginning of 2018 for $42,400. The printer is expected to have a four-year useful life and a $1,696 salvage value. The expected print production is estimated at 1,500,000 pages. Actual print production for the four years was as follows:

2018 548,900
2019 484,200
2020 378,400
2021 386,100
Total 1,797,600
The printer was sold at the end of 2021 for $1,896.

Compute the depreciation expense for each of the four years, using double-declining-balance depreciation.

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Exact Photo Service purchased a new color printer at the beginning of 2018 for $42,400. The printer...

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