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ASsume that on September 30,2020 , AirUS, the national airline of Switzerland, purchased an Airbus aircraft at a cost of 52,500,000 ( is the symbol

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ASsume that on September 30,2020 , AirUS, the national airline of Switzerland, purchased an Airbus aircraft at a cost of 52,500,000 ( is the symbol for the euro). AirUS expects the plane to remain useful for fourteen years (6,500,000km) and to have a residual value of 6,250,000. AirUS expects the plane to be flown 575,000km during the remainder of the first year ended December 31,2020. Compute AirUS'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-diminishing-balance Which method would produce the highest net income for 2020 ? Which method produces the lowest net ncome? How does management choose which depreciation method to use? Compute AirUS's depreciation on the plane for the year ended December 31, 2020. (Do not round Intil the final answer. Then round the depreciation expense to the nearest whole number.) The depreciation on the plane for the year ended December 31,2020 , using the straight-line hethod is The depreciation on the plane for the year ended December 31,2020 , using the nits-of-production method is 4091346. The depreciation on the plane for the year ended December 31,2020 , using the ouble-diminishing-balance method is

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