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Part $1$

Upper AA

Canada TranCanada$$Tran

jet costs

$ $42$ comma $000$ comma $000$$$42,000,000$

and is expected to fly

$350$ comma $000$ comma $000350,000,000$

miles during its

$88-$year

life. Residual value is expected to be zero because the plane was used when acquired. If the plane travels

$43$ comma $000$ comma $00043,000,000$

miles the first$$ year, how much depreciation should

Canada TranCanada$$Tran

record under the$$ units$-$of$-$production method? $($Round the depreciation per unit to two decimal$$ places.$)$

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Part $1$

A$.$$ $5$ comma $160$ comma $000$

$ $5$ comma $160$ comma $000$$$5,160,000$

B$.$$ $10$ comma $500$ comma $000$

$ $10$ comma $500$ comma $000$$$10,500,000$

C$.$$ $5$ comma $250$ comma $000$

$ $5$ comma $250$ comma $000$$$5,250,000$

D$.$

Cannot be determined from the data given