need help

On January 1, 2020, Best Shipping Transportation Compeny purchased a usod aircraft at a cost of $55,100,000. Best Shipping oxpects the plane to remain useful for five years (5,000,000 mikes) and to have a residual value of $5,100,000. Best Shipping expects to fly the plane 825,000 miles the Frrt year, 1,300,000 mites each year during the second, thint, and fourth years and 275,000 miles the last year. Read the requitemnnts: 1. Compute Beat Shipping's depreciation for the first two years on the plane using the straight-line method, the unts-of-production method, and the double-deciing balance method a. Straight-line method Using the straight Hine method, depreciation is for 2020 and tor 2021. b. Units-of-production method (Round the depreciation per unit of oucput to two decimal places to compute your final answers) Using the urits-ol production method, depreciation is for 2020 and for 2021 , Requirements 1. Compute Best Shipping's depreciation for the first two years on the plane using the following methods: a. Straight-line method b. Units-of-production method (round depreciation per mile to the closest cent) c. Double-declining-balance method 2. Show the airplane's book value at the end of the first year under each depreciation method