Assume that at the beginning of 2020, Jet Blue purchased a Bombardier 0400 aircraft at a cost of $21,000,000. Jet Blue expects the plane to remain useful for five years (5,325,000 km) and to have a residual value of $5,750,000. Jot Blue expects the plane to be flown 875,000km the first year, 1,300,000 km each year during years 2 through 4 , and 550,000km the tast year. 1. Compute Jet Blue's first-year depreciation on the plane using the following methods: a. Straightline b. Units-of production c. Double-diminishing balance 2. Show the airplane's carrying amount at the ond of the first year under each depreciation mothod. Which method rosults in the highest camying amount? Which mothod produces the lowest carrying amount? Brielly explain why. Requirement 1. Compute Jet Blue's firstyoar depreciation on the plane. a. Using the straight -ine 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.)