Assume that on September 30, 2017, Swiss, the national airline of Switzerland, purchased an Airbus aircraft at a cost of 52,000,000 ( is the symbol for the euro). Swiss expects the plane to remain useful for twelve years (6,250,000 km) and to have a residual value of 6,000,000. Swiss expects the plane to be flown 550,000 km during the remainder of the first year ended December 31, 2017 Compute Swiss'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? Requirement 1. Compute Swiss's depreciation on the plane for the year ended December 31, 2017. (Do not round until the final answer. Then round the depreciation expense to the nearest whole number.) a. The depreciation on the plane for the year ended December 31, 2017, using the straight-line method is - b. The depreciation on the plane for the year ended December 31, 2017, using the units-of-production method is c. The depreciation on the plane for the year ended December 31, 2017, using the double-declining-balance method is Requirement 2. Which method would produce the highest net income for 2017? Which method produces the lowest net income? depreciation produces the highest net income depreciation produces the lowest net income