(b) What method did the companies use in adopting the new lease accounting standard, ASC842? Which line items on the financial statements are affected the most by the adoption? Amongthe four companies, which saw the biggest impacts from the adoption of ASC 842? Explain.During the year of 2018, United Airlines Holding ?Inc is using ASC 840(c) Comparing the financial statement items related to leases and the lease footnotes included inthe 10-K, would you say that all information disclosed under ASC 842 would have been alreadyavailable to investors under ASC 840? Why or why not? Explain.CompanyUnited Airlines Holdings, Inc. 2018 2019?

Total leased assets over Total minimum total assets lease payments Total operating lease liability Debt-equity ratio Rate of return on assets over total (in assets millions) United 5,262/44,792 $2,120 Airlines 2018 =0.1175 1,338/44,792 34,797/9,995 =0.0299 2,129/9,995 =3.4814 =0.2130 United 4,758/52,611 $7,738 Airlines 2019 |=0.0904 1,256/52,611 41,080/11,531 3,009/11,531=0.2609 =0.0239 =3.5626