A company provides each of its directors with a car. It has purchased these at 35,000 each. After 4 years of use it replaces each vehicle and sells the used ones. It does this through an auction placing a reserve value of 40% below the original purchase cost. Using the sum-of-the-digits method determine the total depreciation for years 1 and 2 together 7000 9800 4200 0 8800