Assume that at the beginning of 2020, Questor Air purchased a Bombardier Q400 aircraft at a cost of $25,000,000. Questor expects the plane to remain useful for five years (5,775,000 km) and to have a residual value of $5,250,000. Questor expects the plane to be flown 775,000 km the first year, 1,600,000 km each year during years 2 through 4, and 200,000 km the last year. 1. Compute Questor's first-year depreciation on the plane using the following methods: a. Straight-line b. Units-of-production C. Double-diminishing-balance 2. Show the airplane's carrying amount at the end of the first year under each depreciation method. Which method results in the highest carrying amount? Which method produces the lowest carrying amount? Briefly explain why. Requirement 1. Compute Questor's first-year depreciation on the plane. a. Using the straight-line method, depreciation is $3950000 (Hold all decimals during interim calculations. Round the final solution to the nearest whole number.) b. Using the units-of-production method, depreciation is $ 2915476. (Hold all decimals during interim calculations. Round the final solution to the nearest whole number.) c. Using the double-diminishing-balance method, depreciation is $ 10000000 (Hold all decimals during interim calculations. Round the final solution to the nearest whole number.)