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How much depreciation should tel ex record

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Problem 1: A Tel Ex jet costs $52 million and is expected to fly 200 million kilometres during its 8?-year life. Residual value is expected to be zero because the plane was used when acquired. If the plane travels 44 million kilometres in the first? year, how much depreciation should Tel Ex record under the? units-of-production method?

A. $6.5 million
B. $13 million
C. $11.44 million
D. cannot be determined from the data given

Reference no: EM132984782

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