A paper ejection apparatus including: paper ejection trays to which printed sheets are selectively ejected; a main tray disposed lower than the paper ejection trays; an inspection result acquirer configured to acquire an inspection result of each of the printed sheets; a paper ejection controller configured to control paper ejection such that each of the printed sheets is ejected to the paper ejection trays before the inspection result is obtained by the inspection result acquirer; and a tray information manager configured to manage by associating identification information of each of the paper ejection trays with the inspection result of each of the printed sheets ejected on the paper ejection trays.