Canada TranCanada Tran

jet costs

$ 28 comma 000 comma 000$28,000,000

and is expected to fly

200 comma 000 comma 000200,000,000

miles during its

88-year

life. Residual value is expected to be zero because the plane was used when acquired. If the plane travels

26 comma 000 comma 00026,000,000

miles the first year, how much depreciation should

Canada TranCanada Tran

record under the units-of-production method? (Round the depreciation per unit to two decimal places.)

A.

$ 3 comma 640 comma 000$3,640,000

B.

$ 7 comma 000 comma 000$7,000,000

C.

$ 3 comma 500 comma 000$3,500,000

D.

Cannot be determined from the data given