An airplane costs $108 million and is expected to fly 900 million miles during its 10-year life. Residual value is expected to be zero because the plane was used when acquired. If the plane travels 40 million miles the first year, how much depreciation expense should be recorded under the units-of-production method? (Round interim to the nearest cent and your final answer to the nearest hundredth of a million, SX.XX million O A. $8.33 million O B. $48 million O C. $10.8 million O D. Cannot be determined from the data given