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A Canada Tran jet costs $52,000,000 and is expected to fly 400,000,000 miles during its 10-year life. Residual value is expected to be zero because

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A Canada Tran jet costs $52,000,000 and is expected to fly 400,000,000 miles during its 10-year life. Residual value is expected to be zero because the plane was used when acquired. If the plane travels 45,000,000 miles the first year, how much depreciation should Canada Tran record under the units-of-production method? (Round the depreciation per unit to two decimal places.) 3 O A. $5,200,000 OB. $5,850,000 C. $10,400,000 OD. Cannot be determined from the data given A copy machine cost $40,000 when new and has accumulated depreciation of $29,000. Suppose Johnson Printing sold the machine for $11,000. What is the result of this disposal transaction? O A. Loss of $29,000 O B. Gain of $11,000 C. Loss of $11,000 OD. No gain or loss A copy machine cost $33,000 when new and has accumulated depreciation of $32,000. Suppose Sun Graphics and Designs Center discards this machine and receives nothing. What is the result of the disposal transaction? O A. No gain or loss B. Gain of $1,000 C. Loss of $1,000 D. Loss of $37,000

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