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Air France expects the plane to be flown 825,000km the first year, 1,050,000 km each year during years 2 through 4 , and 400,000km the
Air France expects the plane to be flown 825,000km the first year, 1,050,000 km each year during years 2 through 4 , and 400,000km the last year. 1. Compute Air France's first-year depreciation on the plane using the following methods: a. Straight-line b. Units-of-production c. Double-diminishing-balance Requirement 1. Compute Air France's first-year depreciation on the plane. a. Using the straight-line method, depreciation is ? (Hold all decimals during interim calculations. Round the final solution to the nearest whole number.) b. Using the units-of-production method, depreciation is (Hold all decimals during interim calculations. Round the final solution to the nearest whole number.) c. Using the double-diminishing-balance method, depreciation is $[ (Hold all decimals during interim calculations. Round the final solution to the nearest whole number.) why. (Use parentheses or a minus sign when subtracting numbers.) results in the highest carrying amount and will vary depending on the use of the asset. nethod results in the lowest carrying amount since it writes off a amount of the asset's cost near the start of its useful life
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