2. Problem Two: Air Jordan has recently acquired a new Boeing 747 for $375,000,000. The average useful life of this aircraft is approximately 25 years. In addition, they estimated salvage value to be $10,000,000. The airline estimates the total units of activity of this vehicle to be 55,000,000 miles. As shown in class today, prepare a Depreciation Schedule under Units of Activity Method for Air Jordan's new aircraft using the following anticipated flown miles per year. (Please notice that the chart continues on next page). Year 2017 2018 2019 2020 2021 2022 Units of Activity 2,200,000 3,150,000 3,070,000 2,125,340 2,275,000 3,125,000 2023 2024 2,200,000 3,150,000 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2,200,000 3,150,000 3,070,000 2,125,340 2,275,000 2,125,340 2,275,000 3,125,000 2,200,000 3,150,000 3,070,000 2,125,340 2,275,000 1,851,000 1,000,025 980,753 1,256,000 700,000 100,862 2033 2034 2035 2036 2037 2038 2039 2040 2041