1. A company paid $17,000 for a vehicle that had an estimated useful life of 4 years, total capacity of 100,000 miles, and a residual value of $1,000. After 2 full years of using the vehicle (20,000 miles in Year 1 and 27,000 miles in Year 2), the company sold the vehicle for $6,000 and reported a loss on disposal of $3,480. Required: Determine the method of depreciation that was used by the company. Show your work using all three methods: Straight-Line, Double-Declining Balance, and Units-of-Production methods