Question
AnAn United Trans ServiceUnited Trans Service jet costs $ 52 comma 000 comma 000$52,000,000 and is expected to fly 400 comma 000 comma 000400,000,000 miles
AnAn
United Trans ServiceUnited Trans Service
jet costs
$ 52 comma 000 comma 000$52,000,000
and is expected to fly
400 comma 000 comma 000400,000,000
miles during its
1212-year
life. Residual value is expected to be zero because the plane was used when acquired. If the plane travels
35 comma 000 comma 00035,000,000
miles the first year, how much depreciation should
United Trans ServiceUnited Trans Service
record under the units-of-production method? (Round the depreciation per unit to two decimal places.)
A.
$ 4 comma 333 comma 333$4,333,333
B.
$ 4 comma 550 comma 000$4,550,000
C.
$ 8 comma 666 comma 666$8,666,666
D.
Cannot be determined from the data given
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