On January 1, 2018, Austin Airine purchased a used airplane at a cost of $28,500,000. Austin Airina expects the plane to remain useful for eight years (4,000,000 miles) and so have a residual value of $4.500.000 Austin Airline expects the plane to be flown 1,400,000 miles the first year and 1,000,000 miles the second year Read the requirements Requirement 1a. Compute second-year (2019) depreciation expense on the plane using the straight-line method Begin by selecting the formula to calculate the company's second-year depreciation expense on the plane using the straight-ine method. Then enter the amounts and calculate the depreciation expense for the second yeam Straight-line depreciation Requirements 1. Compune second-year (2019) depreciation expense on the plane using the following methods: Straight-line b. Units-of-production c. Double-declining-balance 2. Calculate the balance in Accumulated Depreciation at the end of the second year for all three methods Print Done