Required information The following information applies to the questions displayed below] companies each purchased trucks on January 1, Year 1, for $66,000. Each truck was expected to last four driven 74,000 miles in Year 1, Years or 200,000 miles. Salvage value was estimated to be $7,000. All three trucks were 35,000 miles in Year 2, 30,000 miles in Year 3, and 68,000 miles in Year 4. Each of the three companies earned $55,000 of cash revenue during each of the four Years. Company A uses straight-ine depreciation, company B uses double- declining-balance depreciation, and company Cuses units-of-production depreciation. Answer each of the following questions. Ignore the effects of income taxes. b-1. Calculate the net income for Year 4 b-2. Which company will report the lowest amount of net income for Year 4