On January 1, 2020. Fy Fast Airways purchased a used Bombardier jet at a cost of $80.000.000 FlyFast expects the plane to remain used for five years (5,250,000 miles) and to have a residual value of $4,750,000. FlyFast expects the plane to be flown 925,000 miles the first year. (Note: "Miles" is the unit of measure used in the airline Industry) 1. Compute FyFast's first year amortization on the let using the following methods a. Straight Ine h. DO C. DDB 2. Show the jet's book value at the end of the first year under the straight line method Grad 1. Calculate the first year amortization (Round your final answer to the nearest whole dollar