Just needing assistance with requirement #2.

On January 1, 2024. Texas Arro purchased a used airplane at a cost of $20 C100,000. Texas Aero expects the plans to remain useful for eight years (5,000,000 miles) and to have a residual value of $5.000,0CD. Taxes Afro Expects the plans to be town 1.200.000 mies the first year and 1,300.000 miles the second year. Read the reguirements Requirement 1a. Compute socand-year (2025) depreciation experse on the plane using the straight-linc methad. Begin by selecting the formula to calculate the company's second-year cepreciation expense on the plane using the straight-line relhad. Then enter the amounts and calculate the depreciation expense for the second year. Coet Reeloual value Useful life - Straight-line depreciation 50,000.00 5,000,000 5.625,000 Requirement 1b. Compute second-year (2025) depreciation expense on the plane using the units-of-production method. Batore calculating the second-year depreciation expense on the plane using the units-ot-production method, calculate the depreciation expense per unit Select the tomula, than enter the amounts and calculate the depreciation expense per unit Cost Residual value Useful life in units = Depreciation par unit 50,000,000 $ 5,000000 5,000,000 Now, select the formula, enter the amounts and calculate the company's secandycar depreciation expense on the plane using the urils-of-production method. Depreciation per unit Current year usage Units of production depreciation 3 9 1.300,000 = $ 11.700,000 Requirement 1c. Compute second-year (2025) depreciation expense on the plane using the double declining balance method. Begin by selecting the formula to calculale the company's second-year depreciation expense on the plane using the double-declining balance method. Then enter the amounts and calculate the depreciation expense for the second year. Double-declining Cost Accumulate depreciation ) 2x11 - Useful life) = balance depreciation 50,000,000 12,500,000 2 *(1+B) = $ 9,375.000 $ Requirement 2. Calculate the balance in Accumulated Depreciation at the end of the second year for al three methods Units-of-production Double-declining balance Depreciation Expense - 2024 Depreciation Expense - 2025 Straight-Line 5,625.000 6,625.000 Accumulated Depreciation ending balance Screenshot