Chapter 10 Homework Question 4, SF10-4 (book/static) HW Score: 10.36%, 2.49 of 24 points Points: 0.2 of 1 On January 1, 2024, Advanced Airline purchased a used airplane at a cost of $60.500.000 Advanced Airline expects expects the plane to be flown 1,100,000 miles the first year and 1,200,000 miles the second year Requirement 1a. Compute second-year (2025) depreciation expense on the plane using the straight-line method Begn by selecting the formula to calculate the company's second-year depreciation sipense- using the straight-line method 60,500,000 5.300.000 Useful e Soighe Ine depreciation 875,000 Requirement 15. Compute second year (2025) depreciation expense on the plane using the units of production method Before calculating the second-year depreciation expense on the plane using the units of production method, calculate the depreciation expense p Help me solve this Calculator Ask my instructor Save and to have a residual value of $5,500.000 Advanced Ae expense for the second year depreciation expense per unit Clear all Check answer Homework: Chapter 10 Homework Question 4, SF10-4 (book/static) HW Score: 10.30%, 2.49 of 24 points Point 0.2 of 1 On January 1, 2004, Advanced Arine phased a used siglane at a cost of $60,500,000 Advanced An expects the planet expects the plane to be fown 1,100,000 miles the first year and 1,200,000 mins the second your Reat t (5,000,000 m) and to have a due of $5,500,000 A Requirement fa. Compute second year (2005) depreciation expense on the plane using the s Begin by selecting the formula to calde the company's second year depreciation expense on the plane using the sight-re nehod. Then enter the amounts and calculate the depreciation expense for the second year 60.500.000 $500,000 Requirement fb Compute second year (2005) depreciation expers on the p Help me solve this Calculator Ask my instructor Use the units of production method, as the depreciation expense p Save culate the depreciation expense per unt Clear all Check