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Assume that on September 30, 2020, InternationalAir, an international airline based in Germany, purchased a Jumbo ancraft at a cost of 45,000,000 (s the symbol
Assume that on September 30, 2020, InternationalAir, an international airline based in Germany, purchased a Jumbo ancraft at a cost of 45,000,000 (s the symbol for the eve expects the plane to remain useful for four years (4,000,000 miles) and to have a residual value of e000,000 Internationaler will y the plane 350,000 miles during the rimander of 2000 Read the Ecument a. Compute InternationalAir's deprecation on the plane for the year ended December 31, 2020, uning the straight-line method The depreciation on the plane for the year ended December 31, 2020, using the straight line method is 2,437,500 b. Compute InternationalAir's depreciation on the plane for the year ended December 31, 2020, uning the unts of production method (Do not round intermedary caculations input in the cell to the nearest whole number) The depreciation on the plane for the year ended December 31, 2020, using the UOPmethods 3150000 nal airline based in Germany, purchased a Jumbo aircraft at a cost of 4 0,000 miles) and to have a residual value of 6,000,000. InternationalAir will fly the pl Requirements Compute InternationalAir's depreciation on the plane for the year ended December 31, 2020, using the following methods: a. Straight-line b. Units-of-production c. Double-declining-balance Which method would produce the highest net income for 2020? Which method produces the lowest net income? Print Done
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