Exact Photo Service purchased a new color printer at the beginning of Year 1 for $36,910. The printer is expected to have a four-year useful life and a $3,700 salvage value. The expected print production is estimated at $1,781,100 pages. Actual print production for the four years was as follows: Year 1 550,400 Year 2 483,400 Year 3 375,800 Year 4 393,500 Total 1,803,100 The printer was sold at the end of Year 4 for $4,200. 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.)
