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On January 1, 2020, Air Asia purchased a used Bombardier aircraft at a cost of $80,000,000. Air Asia expects the plane to remain usef for

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On January 1, 2020, Air Asia purchased a used Bombardier aircraft at a cost of $80,000,000. Air Asia expects the plane to remain usef for four years (4,500,000 miles) and to have a residual value of $6,000,000 Air Asia expects the plane to be flown 750,000 miles the first year and 675,000 miles the second year (Note: "Miles" is the unit of measure used in the airline industry) Compute second-year amortization on the plane using the following methods a. Straight line b, UOP c. DDB

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