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Required information [The following information applies to the questions displayed below) Exact Photo Service purchased...

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Accounting

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Required information [The following information applies to the questions displayed below) Exact Photo Service purchased a new color printer at the beginning of Year 1 for $37.290. The printer is expected to have a four-year useful life and a $3,900 salvage value. The expected print production is estimated at $1772,900 pages. Actual print production for the four years was as follows: Year 1 Year 2 Year 3 Year 4 Total 551, 100 476,400 380,700 286,700 794,900 The printer was sold at the end of Year 4 for $4,200, c. Calculate the amount of gain or loss from the sale of the asset under each of the depreciation methods. $ 62 926 Gain DDB Units-of-production

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