At the begning of the year, Hope We Land Airines purchased a used airplare for $$34,250,000.$

Hope We Land Air nes expects the plane to remain userul for $9$ years, or $3,920,0$n$0$ miles and to have a residual walue ar $55,450,000.$

The compary expects the plane to be llown $1,170,000$ during the finst year.

Note: When inputting a percentage value, do not indude the $ smboly and round your answer to two decimal places $(e,g,50,35)$

Compute Hope We Land Airlines finst$-$year deprediation expense on the plane using the following methods:

a$.$ Strabht$-$line Methad $=($Cast$-$Residual Walve$)/$ Time $-$ Deprechation Per Year

C$.$ Doufle$-$declining balance

$*$or years