5. The Cash account of Peter & Co. reported a balance of $2,500 at December 31, 2019. Included were outstanding cheques totalling $900 and an December 31 deposit of $500 that did not appear on the bank statement. The bank statement, which came from TD Bank, listed an December 31, 2019, balance of $3,405. Included in the bank balance was an December 30 collection of $550 on account from a customer who pays the bank directly. The bank statement also shows a $20 service charge, $10 of interest revenue that Peter & Co. earned on its bank balance, and an NSF cheque for $35. Prepare a bank reconciliation to determine how much cash Peter & Co. actually has at December 31, 2019. (20 marks) 6. Assume that at the beginning of 2019, West jet Airlines purchased a Airbus A380 aircraft at a cost of $25,000,000. West jet expects the plane to remain useful for five years (5,000,000 km) and to have a residual value of $5,000,000. West jet expects the plane to be flown 750,000 km the first year and 1,250,000 km each year during years 2 through 4, and 500,000 km the last year. Compute West jet's first-year depreciation on the plane using the following methods: (20 marks) a) Straight-line b) Units-of-production c) Double-diminishing-balance