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Business, 24.02.2020 19:16 chonawilson4

Upper A Tel Ex jet costs $ 55 comma 000 comma 000 and is expected to fly 500 comma 000 comma 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 30 comma 000 comma 000 miles the first year, how much depreciation should Tel Ex record under the units-of-production method? (Round the depreciation per unit to two decimal places.)

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