Answer the question #1. a. b. & c. and #2. Please!!

Assume that at the beginning of 2015 Alaska Freight purchased a used Jumbo 747 aircraft at a cost of $54,900,000. Alaska Freight expects the plane to remain useful for five years (7,300,000 miles) and to have a residual value of $4,900,000. Alaska Freight expects to fly the plane 700,000 miles the first year, 1,400,000 miles each year during the second, third, and fourth years, and 2,400,000 miles the last year 1.Compute Alaska Freight's depreciation for the first two years on the plane using the following methods a. Straight-line method b. Units-of-production method (round depreciation per mille to the closest cent) c. Double-dec ining-balance method 2. Show the airplane's book value at the end of the first year under each depreciation method. 1. Compute Alaska Freight's depreciation for the first two years on the plane using the straight-line method, the units-of-production method, and the double-declining balance method a. Straight-ine method Using the straight-line method, depreciation is $ 10,000,000 for 2015 and S 10,000,000 for 2016. b. Units-of-production method (Round the depreciation per unit of output to two decimal places to compute your final answers.) Using the units-of-production method, depreciation is S for 2015 and S for 2016