7.2

Trons Delivery inc. purchased a new delivery truck for $43,800 on january 1,2023 . The truck is expected to have a $2,000 residual value at the end of its 5 -year useful life. Irons uses the double-declining-balance method of depreciation. Required: Prepare the journal entry to record depreciabon expense for 2023 and 2024 , If an amount box does not require an entry, leave it blank