The 2011 annual report of Cayman Airlines contained the following footnote: Click on the icon to view the footnote.) Consider a Boeing 737-100 airplane that Cayman acquired for $80 million. Its useful life is 20 years, and its expected residual value is $14 million Requirement 1. Prepare a tabular comparison of the annual depreciation and book value for each of the first 3 years of service life under straight-line and DDB depreciation. Show all amounts in thousands of dollars (rounded to the nearest thousand). (Note that this is a comparison of methods used for reporting to shareholders. Such methods may differ from those used for reporting to the income tax authorities.) Compute depreciation and book value for each year under the straight-line method, and then under the DDB method Entera amounts nthousandsofdola Declining-Balance at Twice the Straight-Line Straight-Line Rate (DDB) Annual Book Annual Book Depreciation Value Depreciation At acquisition Year 1 Year 2 Year 3