Question On January 1, 2018. Alaska Freight Airlines purchased a used airplane for $54,000,000. Alaska Freight A $4,000,000. The company expects the plane to be town 1.300.000 mes the first year s expects the plane to remain used for four years (5.000.000 es and to have Read the requirements Requirement 1c. Compute Alaska Freight Airlines's first year depreciation expense on the plane using the double declining balance method Begin by selecting the formula to calculate the company's first year depreciation expense on the plane using the doubledecining balance method Then enter the amounts and expense for the first year (Enter" for lems with a zero value) the depreciation Doudoing - balance depreciation Requirement 2. Show the plane's book value at the end of the worst year for the methods Straight-Line U ts-of-production Double-declining-bance Cost Less Accumulated Depreciation Book Value Choose from a stor enter any number in the input "elds and continue to the next