- 12 3 Current Attempt in Progress Sunland Chemicals Company acquires a delivery truck at a cost of $30,400 on January 1, 2022. The truck is expected to have a salvage value of $3,200 at the end of its 4-year useful life. Compute annual depreciation for the first and second years using the straight-line method. First Year Second Year Annual depreciation under straight-line method $ e Textbook and Media Save for Later Attempts: unlimited Submit Amwer