--/1 Question 10 View Policies Current Attempt in Progress Carla Vista Chemicals Company acquires a delivery truck at a cost of $37,000 on January 1, 2022. The truck is expected to have a salvage value of $2,000 at the end of its 5-year useful life. Assuming the declining balance depreciation rate is double the straight-line rate, compute annual depreciation for the first and second years under the declining balance method. First Year Second Year Annual depreciation under declining-balance method $ e Textbook and Media Assistance Used e Textbook Save for Later Attempts: 0 of 3 used Submit