On January 1, 2016, Wasson Company purchased a delivery vehicle costing $52, 320. The vehicle has an estimated 7-year life and a $4, 800 residual value. Wasson uses the units-of-production depreciation method and Wasson estimates that the vehicle will be driven 108,000 miles. What is the vehicle's book value as of December 31, 2017 assuming Wasson uses the units-of-production depreciation method and the vehicle was driven 10, 800 miles during 2016 and 18, 800 miles during 2017? (Do not round your intermediate calculations.) $34, 496. $39, 296. $38, 743. $33, 943