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0.75/2 OUW ww reperty Current Attempt in Progress Sandhill Ltd. purchased a delivery truck on January 1, 2021, at a cost of $80,640. The truck

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0.75/2 OUW ww reperty Current Attempt in Progress Sandhill Ltd. purchased a delivery truck on January 1, 2021, at a cost of $80,640. The truck is expected to have a residual value of $7,380 at the end of its 4-year useful life. Sandhill has a December 31 year end. Use the diminishing-balance method and assume the depreciation rate is equal to double the straight-line rate. (a) Your answer is partially correct. Calculate the depreciation for each year of the truck's life. (Round answers to decimal places, eg,5,275) Depreciation expense 40320 2021 $ 2022 $ 20160 2023 $ 10000 2024 $ 5040

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