Question: (Learning Objective 2: Computing depreciation by three methodsthird year only) Use the AirAsia data in Short Exercise 7-5 to compute AirAsias third-year depreciation on the

(Learning Objective 2: Computing depreciation by three methods—third year only)

Use the AirAsia data in Short Exercise 7-5 to compute AirAsia’s third-year depreciation on the plane using the following methods:

a. Straight-line

b. Units-of-production

c. Double-declining-balance

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