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Mecca Airline jet costs $138,000,000 and is expected to fly 230,000,000 miles during its 8-year life. Residual value is expected to be zero because the
Mecca Airline jet costs $138,000,000 and is expected to fly 230,000,000 miles during its 8-year life. Residual value is expected to be zero because the plane was used when acquired. If the plane travels 30,750,000 miles the first year, how much depreciation should Mecca Airline record under the units-of-production method? (Round the depreciation per unit to two decimal places.)
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