On January 1, 2017, ShipEx Transportation Company purchased used incrat at a cost of $60,700,000. Shiplx expects the plane to remained for five years (8.800.000 miles and to have a residual value of 1.700,000 ShipEx expects in ty the plane 925.000 miles the first year, 1.350,000 miles each year during the second third and fourth years, and 1825,000 miles the last year Read the girements 1. Compute Ship Ex's depreciation for the first two years on the plane using the right line method, the production method, and the double-declining balance method a. Straight line method 0 Requirements Using the right-in method, depreciation is 5 for 2017 and for 2018 b. Units-of-production method (Round the depreciation per unit of output to two decimal places to compute your brows) Using the so-production method depreciation is for 2017 and $ for 2018 c. Double-decining balance method Using the double-deciring blanc method depreciation is for 2017 and 5 2018 2. Show thene's book value at the end of the best year under each method Units Double Declining Book Value Straight Line Production Balance 1. Compute ShipEx's depreciation for the first two years on the plane using the following methode a Smigine method b. Unit of production method round depreciation per mile to the closest con c. Double-declining balance method 2. Show the airplane's book value at the end of the first year under each depreciation method Done Book Choose from any w or enter anber in the tels and then continue to the next question MacBook Air * 889 $ 4 % 5 8 7 9 8 0 2 3 6 0 1 W Y R E Q T U