Depreciation information for Buckingham Ltd. is given in BE9.4. Using the diminishing-balance method and assuming the depreciation rate is equal to double the straight-line rate, calculate the depreciation

In BE 9.4

Buckingham Ltd. purchased a delivery truck on January 1, 2018, at a cost of $80,000. The truck is expected to have a residual value of $8,000 at the end of its four-year useful life. Buckingham has a December 31 year end. Calculate the depreciation using the straight-line method

(a) For each year of the truck's life, and

(b) In total over the truck's life.