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Cheyney Airline purchased a used jet that costs $28,000,000. It is expected to fly 200,000,000 miles during its 10-year life. Residual value is expected

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Cheyney Airline purchased a used jet that costs $28,000,000. It is expected to fly 200,000,000 miles during its 10-year life. Residual value is expected to be zero. If the plane travels 1,000,000 miles the first year, how much depreciation should Cheyney Airlines record under the units-of-production method? $140,000 $560,000 $300,000 $2,800,000

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