Please complete Req A-Req E

Three different companies each purchased trucks on January 1, Year 1, for $50.000. Each truck was expected to last four years or 200,000 miles. Salvage value was estimated to be $5,000. All three trucks were driven 66,000 miles in Year 1, 42,000 miles in Year 2 . 40,000 miles in Year 3 , and 60,000 miles in Year 4 . Each of the three companies earned $40,000 of cash revenue curing each of the four years. Company A uses stralght-line depreciation, company B uses double-declining balance depreciation, and company C uses units-of-production depreciation. Answer each of the following questions. Ignore the effects of income toxes. Required a-1. Calculate the net income for Year 1 . a-2. Which company will report the highest amount of net income for Year t? b-1. Calculate the net income for Year 4 . b-2. Which company will report the lowest amount of net income for Year 4 ? c-1. Calculate the book value on the December 31, Year 3. balance sheet. c-2. Which company will report the highest book value on the December 31 , Year 3, balance sheet? d.1. Calculate the retained earnings on the December 31, Year 4. balance sheet d.2. Which company will report the highest amount of retained earnings on the December 31 , Year 4 . balance sheet? e. Which company will report the lowest amount of cash flow from operating activities on the Year 3 statement of cash fiows? Complete this question by entering your answers in the tabs below. a-1. Calculate the net income for Year 1. (Round "Per Unit Cost" to 3 decimal places.) a-2. Which company will report the highest amount of net income for Year 1 ? Complete this question by entering your answers in the tabs below. b-1. Calculate the net income for Year 4. (Round your "Per Unit Cost" to 3 decimal places.) b-2. Which company will report the lowest amount of net income for Year 4 ? Complete this question by entering your answers in the tabs below. 1. Calculate the book value on the December 31, Year 3, balance sheet. (Round "Per Uni c-2. Which company will report the highest book value on the December 31 , Year 3 , balane Complete this question by entering your answers in the tabs below. d-1. Calculate the retained earnings on the December 31, Year 4, balance sheet. d-2. Which company will report the highest amount of retained earnings on the December 31 , Complete this question by entering your answers in the tabs below. Which company will report the lowest amount of cash flow from operating activities on