JUST IN NEED OF C-1 & C-2

Three ditferent companies each purchased trucks on January 1. Year 1, for $68,000. Each truck was expected to last four years or 200,000 miles. Salvage value was estimated to be $6,000. All three trucks were driven 65,000 mites in Year 1,40,000 mites in Year 2 . 38,000 miles in Year 3, and 60,000 miles in Year 4. Each of the three companies eamed $57,000 of cash revenue during each of the four years. Company A uses straight-line depreciation, company B uses double-declining-balance depreclation, and company C uses units-of-production depreciation. Answer each of the fottowing questions. Ignore the effects of income taxes. Required Q-1. Calculate the net income for Year 1. a-2. Which company will report the highest amount of net income for Year 1 ? b-1. Calculate the net income for Year 4. b-2. Which company will report the lowest amount of net. income for Year 4 ? e-1. Cafculate the book value on the December 31, Year 3, balance sheet. c.2. Which compary will report the highest book value on the December 31, Year 3, balance sheet