Assume that on September 30, 2017, AirOne, an international airline based in Germany, purchased a Jumbo aircraft at a cost of 42,500,000 ( is the symbol for the euro). AirOne expects the plane to remain useful for five years (5,000,000 miles) and to have a residual value of 4,250,000. AirOne will fly the plane 350,000 miles during the remainder of 2017 . Read the requirements. a. Compute AirOne's depreciation on the plane for the year ended December 31,2017 , using the straight-line method. The depreciation on the plane for the year ended December 31, 2017, using the straight-line method is