Required information [The following information applies to the questions displayed below] Three different companies each purchased trucks on January 1, 2018, for $88.000. Each truck was expected to last four years or 250,000 miles. Salvage value was estimated to be $6.000. All three trucks were driven 77,000 miles In 2018, 57,000 miles In 2019,52,000 miles In 2020, and 72.000 miles in 2021. Each of the three companies earned $77.000 of cash revenue during each of the four years. Company A uses straight-line 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. d-1. Calculate the retained earings on the December 31, 2021, balance sheet? Retained Earnings Company A Company B Company C d-2 which company will report the highest amount of retained earnings on the December 31, 2021, balance sheet? Company A O Company B O Company O All companies have the same retained earnings