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plz do s9-3 and s9-4 amd the Second picture goes with s9-4 Learning Objective 2 89-3 Computing first-year depreciation and book value On January 1,

plz do s9-3 and s9-4
amd the Second picture goes with s9-4 image text in transcribed
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Learning Objective 2 89-3 Computing first-year depreciation and book value On January 1, 2018, Air Canadians purchased a used airplane for $37,000,000. Air Canadians expects the plane to remain useful for five years (4,000,000 miles) and to have a residual value of $5,000,000. The company expects the plane to be flown 1,400,000 miles during the first year. Requirements 1. Compute Air Canadians's first-year depreciation expense on the plane using the following methods: a. Straight-line b. Units-of-production c. Double-declining balance 2. Show the airplane's book value at the end of the first year for all three methods. 89-4 Computing second-year depreciation and accumulated depreciation On January 1, 2018, Advanced Airline purchased a used airplane at a cost of $60,500,000. Advanced Airline expects the plane to remain useful for eight years (5,000,000 miles) and to have a residual value of $5,500,000. Advanced Airline expects the plane to be flown 1,100,000 miles the first year and 1,200,000 miles the Learning Objective 2 second year. Plant Assets, Natural R Requirements 1. Compute second-year (2019) depreciation expense on the plane using the following methods: a. 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

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