How to create printing presets on a Mac

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In the print dialog box, click the arrow next to Printer Options to expand options
Click Printer Features
Click the drop down next to feature sets to select the setting that you would like to make a preset of (ex. Color settings 1)
Change the settings that you would like as presets (ex. Color type: Mono) and click OK
Click on the Presets drop-down
In the drop-down, choose Save Current Settings as Preset...
Name preset and click OK

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