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The Chilean flagship carrier LAN agreed to purchase a number of Boeing 787-8 Dreamliner aircraft to...

The Chilean flagship carrier LAN agreed to purchase a number of Boeing 787-8 Dreamliner aircraft to increase its fleet. Assume one jet costs $280 million and can be depreciated over 6 years. If 1.5-declining balance switching to straight-line is used, what is the depreciation amount in year 6?

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