Assume that on September 30, 2017 International Air, an international airline based in Germany, purchased a Jumbo aircraft at a cost of 48,000,000 (E is the symbol for the euro). International Air expects the plane to remain useful for eight years (6,000,000 miles) and to have a residual value of 4,500,000. International Air will fly the plane 350,000 miles during the remainder of 2017 Read the requirements a. Compute InternationalAli'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 Requirements Compute InternationalAli's depreciation on the plane for the year ended December 31, 2017, using the following methods. a. Straight-line b. Units-of-production c. Double-declining balance Which method would produce the highest net income for 2017? Which method produces the lowest net income? Print Done WO