Question: on january 1 st 2 0 2 3 . logan air purhcased a used bombarider aircraft at a cost of 8 5 , 0 0

on january 1st 2023. logan air purhcased a used bombarider aircraft at a cost of 85,000,000. logan expects the plane to remian useful for 6 years (4,000,000 miles) and to have a residual value of 4,000,000. logan expects the plane to be flown 825,000 miles the first year and 625,000 miles in the second year. calculate the second year amortization using straight line method, unit of production method and double declining balance method

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