On January 1, 2018, Air Asias purchased a used airplane for $30,500,000. Air Asias expects the plane to remain selt for five years (4.000.000 miles and to have a residual value of 6.500.000 The company expects 1.100.000 miles the first year. Read the requirements p Requirement 1a, Compute Air Asia's first year depreciation expense on the plane using the right in method Begin by selecting the formula to calculate the company's first-year depreciation expense on the plane using the straighting method. Then enter the amounts and collate the depreciation for the first year Straigne 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 ) - 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 depreciation Requirement 1c. Compute Air Asia's first-year depreciation expense on the plane using the double-declining balance method Begin by selecting the formula to calculate the company's first-year depreciation expense on the plane using the double-declining balance method. Then enter the amounts and calculate the depreciation expense for the first items with a zero value.) Double-dedining balance depreciation Choose from any list or enter any number in the input fields and then continue to the next question Save for Later Before calculating the first year depreciation expense on the plane using the units of production method, cal the direction a s per t h e formula then the outs and the deato per ut 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 depreciation Requirement 1. Compute Air Asia's first-year depreciation expense on the plane using the double-deding bloc method Begin by selecting the formula to calculate the company's first year depreciation expense on the plane using the double-declining balance method. Then enter the amounts and calcune depreciation items with a zero value) for the first year. Er Double-declining balance depreciation Requirement 2. Show the airplane's book value at the end of the first year for all the methods Units-of-production Double-declining balance Cost Less: Accumulated Depreciation Book Value Choose from any list or enter any number in the input fields and then continue to the next question Save for Later MacBook Pro ing the units-of-production method, calculate the depreciation expense per unit. Select the formula, then enter the = Depreciation per unit any's first Units i Requirements ense onth ar deprecia ts and calculate 1. Compute Air Asias's first-year depreciation expense on the plane using the following methods: a. Straight-line b. Units-of-production c. Double-declining-balance 2. Show the airplane's book value at the end of the first year for all three methods. Print Done the first year Units-of-production Double-declining-balance elds and then continue to the next