Printing out text to the printer?

[Syslock]

I want to print out some text to the printer DC, but when reviewing the page
in PrintPreview, it's in the wrong place. The text is too far down.

I want my text to be roughly 0.5 inches high. I'm assuming 1 inch = 72 points,
so 0.5 inches = 36 points, in MM_TEXT mapping mode.

 INT point_size = 36;

 // I create some text using this formula, found in the SDK docs:

 LOGFONT lf;
 memset( &lf, 0, sizeof(LOGFONT));

 // The value 72 is dependent on the mapping mode, MM_TEXT
 INT fh = -MulDiv( point_size, pDC->GetDeviceCaps(LOGPIXELSY), 72  );
 lf.lfHeight = fh;
 // other variables set to default values

 CFont myfont;
 myfont.CreateFontIndirect(&lf);


 // And then draw the text at location (0.5, 10) in inches:

 INT ppi_x = pDC->GetDeviceCaps(LOGPIXELSX);
 INT ppi_y = pDC->GetDeviceCaps(LOGPIXELSY);

 INT x = (INT)(ppi_x * 0.5f);
 INT y = (INT)(ppi_y * 10.0f);

 // draw it directly to the printer DC
 pDC->TextOut( x,y, "Test" );

But in PrintPreview, the text is too far down, past (0.5, 10) inches.

The map mode of the printer DC is set to MM_TEXT.
(LOGPIXELSX,LOGPIXELSY) for the printer DC returns (300,300).

(HORZRES,VERTRES) for the printer DC returns (2400,3074) as I selected
a (8.5 x 11 inch) paper size.

Question is, what is the correct way to print out text to the printer
at a specific location in inches?

Why isn't the text starting exactly at location (0.5, 10) inches?