At the beginning of the year, Logan Services purchased a used airplane for $41,600,000 Logan Services expects the plane to remain useful for five years (6,000,0 $5,600,000. The company expects the plane to be flown 1,500,000 miles the first year Read the requirements Requirement 1a. Compute Logan Services's first-year depreci Begin by selecting the formula to calculate the company's first year depreciation expense on the plane using the straight-line ation expense on the plane using the straight-line method method Then enter the amounts and cal -1 = Straight-line depreciation Requirement 1b. Compute Logan Services's first-year depreciation expense on the plane using the units-of-production meth r depreciation expense on the plane using the units-of-production method, calculate the depreciation expense per unit Select the depreciation per unit Depreciation per unit Choose from any list or enter any numberin the input fields and then continue to the next question Type here to search