On January 1, 2016, Wasson Company purchased a delivery vehicle costing $38,550. The vehicle has an estimated 7-year life and a $3,900 residual value. Wasson uses the units-of-production depreciation method and Wasson estimates that the vehicle will be driven 99,000 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 11,100 miles during 2016 and 19,100 miles during 2017? (Do not round your intermediate calculations.)

$24,080.

$28,650.

$24,750.

$27,980.