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On January 1, 2020, Northeast USA Transportation Company purchased a used craft at a cost of $57.000.000 Northeast USA expects the place to eran use for five years (7,300,000 miles) and to have a residual value of $5,000,000. Northeast USA expects to the plane 825.000 mies the foot year, 1.400.000 mies each yew during the second third and four years, and 2,275,000 miles the last year Read the requirements 1. Compute Northeast USA's depreciation for the first two years on the plane using the straight-ine metod, the ints of production method, and we do deciring balance method a. Straight-line method Using the straight-line method. depreciation is for 2020 and for 2021 Requirements n for Pouble ation is 1. Compute Northeast USA's depreciation for the first two years on the plane using the following methods: a. Straight-line method b. Units-of-production method (round depreciation per mile to the closest cent) c. Double-declining-balance method 2. Show the airplane's book value at the end of the first year under each depreciation method Print Done