On January 1, 2018, Air Asias purchased a used airplane for $50,600,000 Air Asias expects the plane to remain useful for four years (5,000,000 miles) and to have a residual value of $5.600.000 The company expects the plane to be down 1 000 000 miles the fest you Read the woments Requirement 1a, Compute Air Asias's first year depreciation expense on the plane using the straight line method Begin by selecting the formula to calculate the company's first-year depreciation expense on the plane sing the straight line method. Then enter the amounts and calculate the depreciation for the first year Straight-line depreciation Requirement 1b. Compute Air Asias's first year depreciation expense on the plane using the units of production method Before calculating the first year depreciation expense on the plane using the units-of-production method, calculate the depreciation expense per unit Select the formula then enter the amounts and calculate the depreciation per unit + Depreciation per unit Now, select the formula enter the amounts, and calculate the company's first year depreciation expense on the plane using the units of production method Units of production depreciatio Requirement i Compute Air Asia's first year depreciation expense on the plane using the double declining balance method Choose from any list or enter any number in the input fields and then continue to the next