ABC Aerospace Inc Additional Information Includes the Following: - the Avionics Have a Its

ABC Aerospace Inc.adheres to IFRS and applies component accounting to its major long-lived asset categories.Accordingly,the following data pertain to the company's fleet of test aircraft as at December 31,2013 (in millions $) : $$\begin{array} { l l l l } \text { Category } & \text { Cost } & \text { Accumulated Depreciation } & \text { Net Book Value } \\\text { Avionics } & \$ 100 & \$ 48 & \$ 52 \\\text { Fuselage \& Wings } & \$ 200 & \$ 120 & \$ 80 \\\text { Aircraft Engines } & \$ 20 & \$ 16 & \$ 4\end{array}$$ Additional information includes the following: - The avionics have a salvage value $2 and a remaining useful life of ten years and are depreciated on a straight-line basis.
- Both the fuselage and wings and aircraft engines are depreciated at a declining rate of 25%.
Assuming there were no acquisitions or disposals made,compute the depreciation expense for 2014 (in millions $) .Round your answers to the nearest whole dollar.

A) $80
B) $55
C) $31
D) $50