The 2011 annual report of Global Airlines contained the following footnote EEB (Click on the icon to view the footnote.) Consider a Boeing 737-100 airplane that Global acquired for S90 million. Its useful life is 10 years, and its expected residual value is $2 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. (Enter all amounts in thousands of dollars Declining-Balance at Twice the Data Table Straight-Line Straight-Line Rate (DDB) Book Value Annual Book Annual PROPERTY, EQUIPMENT, AND DEPRECIATION-Property and equipment are recorded at cost and depreciated using the straight-line method over their estimated useful lives, which are as follows Depreciation Value Depreciation At acquisition Year 1 Year 2 Year 3 Aircraft and related flight equipment Buildings Capitalized leases and leasehold improvements Minor building and land improvements Computer hardware and software Other furniture and equipment 5-10 years 25-30 years Shorter of lease term or estimated useful life 10 years 3-5 years 5-10 years Enter any number in the edit fields and then continue to the next