On January 1, 2020, Northeast USA Transportation Company purchased a used aircraft at a cost of $61,200.000. Northeast USA expects the plane to remain useful for five years (5.500,000 mies) and to have a residual value of $5.200.000. Northeast USA expects to fy the plane 775.000 miles the first year. 1.200,000 miles each year during the second third and fourth years and 1.125,000 miles the last year Road the requirements 1. Compute Northeast USA's depreciation for the first two years on the plane using the straine method, the units of production method, and the double declining balance method a. Straight-line method Using the straight-one method, depreciation is for 2020 and for 2021 b. Units-of-production method (Round the depreciation per unit of output to two decimal place to compute your answer.) Using the units of production method, depreciation is for 2020 and for 2021 c. Double declining balance method Requirements Using the double declining balance method depreciation in for 2020 and for 2021 2. Show the airplane's book value at the end of the first year under each method. 1. Compute Northeast USA's depreciation for the first two years on the plane using the following methods Units of Double-Declining a. Straight-ane method Book Value: Straight-Line Production Balance b. Untroduction muhod round depreciation per mile to the corell cent) c. Double-declining balance method LON 2 show the airplanes borok van at the end of the first powinder auch depreciation method Book Value Print Done 1. Compute Northeast USA's depreciation for the first two year a. Straight-line method Using the straight-line method, depreciation is b. Units-of-production method (Round the depreciation per unit reciation is Accumulated depreciation Cost d, depreciation is Depreciation expense id of the first year unde Residual value Straight-Line Less: Book Value