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Cost = $ 29 million for A jet Useful life = 5 years and 8 million miles Residual value = 6.2 million Expects to be

Cost = $ 29 million for A jet

Useful life = 5 years and 8 million miles

Residual value = 6.2 million

Expects to be flown 1.1 million miles in first year

What is the total depreciation expense the jet will record over its entire useful life using straight line depreciation, units of production And double declining balance ?

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