10 points SAIN HOWT On January 1, 2018, Air Canadians purchased a used airplane for AED 37,000,000. Air Canadians expects the plane to remain useful for five years (4,000,000 miles) and to have a residual value of AED 5,000,000. The company expects the plane to be flown 1,400,000 miles during the first year. (10 Points). SHOW WORK ON WORKSHEET QUESTION PARTIAL CREDIT. Requirements 1. Compute Air Canadians's first-year depreciation expense on the plane using the following methods: a. Straight-line AED b. Units-of-production AED c. Double-declining-balance AED Per Year (2 points) Per Year (2 points) Per Year (2 points) 2. Show the airplane's book value at the end of the first year for all three methods a. Straight-line AED (1 points) b. Units-of-production AED (1 points) c. Double-declining-balance AED (1 points) Q. If you were trying to attract investors, which method would you use? Method (1 point)