On January 1, 2017, Northeast USA Transportation Company purchased a used aircraft at a cost of $63,200,000. Northeast USA expects the plane to remain useful for five years (6.000.000 miles) and to have a residual value of $5.200,000. Northeast USA expects to fly the plane 775,000 miles the first year, 1,425,000 miles each year during the second third and fourth years, and 950,000 miles the last year. Read the focuirement balance method 1. Compute Northeast USA's depreciation for the first two years on the plane using the straight-line method, the units-of-production method, and the double-declining a. Straight-line method Uning the straight-line method, depreciation is $ for 2017 and $ for 2018 JSA's depreci method, and the * Requirements - hethod, depre 1. Compute Northeast USA'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. Print Done b. Units-of-production method (Round the depreciation per unit of output to two decimal places to compute your final answers.) for 2017 and for 2018 Using the units of production method, depreciation is 5 c. Double-declining balance method or 2017 and for 2018 Using the double-declining-balance method, depreciation 2. Show the airplane's book value at the end of the first year under each method Units-of- Double-Declining Straight-Line Book Value: Production Balance Cont Less Accumulated depreciation Book Value