Compute:

2. Problem Two: Air Jordan has recently acquired a new Boeing 747 for $375,000,000. The average useful life of this aircraft is approximately 25 years. In addition, they estimated salvage value to be $10,000,000. The airline estimates the total units of activity of this vehicle to be 55,000,000 miles. As shown in class today, prepare a Depreciation Schedule under Units of Activity Method for Air Jordans new aircraft using the following anticipated flown miles per year. (Please notice that the chart continues on next page).

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