$1,500,000$ miles during the first year.

Read the requirements

Requirement $1$a$.$ Compute Texas Aero's first$-$year depreciation expense on the plane using the straight$-$line method.

Begin by selecting the formula to calculate the company's first$-$year depreciation expense on the plane using the straight$-$line method. Then enter the amounts and calculate the depreciation for the first year.

$($

$(1-$

$=$ Straiaht$-$line debreciation $==-1$

$$

$)=$

Requirement $1b.$ Compute Texas Aero's first$-$year depreciation expense on the plane using the units$-$of$-$production method.

$(-)=$ Depreciation per unit

$=$ Depreciation per unit

$=$

Depreciation per unit

$=q,$

Now, select the formula, enter the amounts, and calculate the company's first$-$year depreciation expense on the plane using the units$-$of$-$production method.

Units$-$of$-$production depreciation

Requirement $1$c$.$ Compute Texas Aero's first$-$year depreciation expense on the plane using the double$-$declining$-$balance method. items with a zero value.$)$

Double$-$declining$-$

$($

$x=$ balance depreciation

$($

Requirement $2.$ Show the airplane's book value at the end of the first year for all three methods.

$\backslash$table$[[$Cost$,$Straight$-$Line$]]$