Question: On January 1 , 2 0 2 4 Logan Service purchased a used airplane at a cost of $ 3 2 , 0 0 0

On January 1,2024LoganService purchased a used airplane at a cost of $32,000,000 Logan Service expects the plane to remain useful for eight years ($ 4000000 miles) and expects the plane to be flown 1300000 miles the first year and 1400,000 miles the second year

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