A Celty Airline jet costs $52,000,000 and is expected to fly 400,000,000 miles during its 12-year life. Residual value is expected to be zero because the plane was used when acquired. If the plane travels 36,000,000 miles the first year, how much depreciation should Celty Airline record under the units-of-production method? (Round the depreciation per unit to two decimal places.) 

A. $5,500,000 

B. $3,333,333 

c. $6,666,666

D. Cannot be determined from the data given

Answer rating: 100% (QA)

A 5500000 First year deprecia... View the full answer