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1. On January I , 2008 Opko Printing Company purchased a new printing press for $80,000...

1. On January I , 2008 Opko Printing Company purchased a new printing press for $80,000 with an estimated residual value of $8,000. It depreciates the press over a five year period using the declining balance method of depreciation. (a) The depreciation expense for Dec. 31 2012 is

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