Bianca bought a new delivery truck for her drug store for $30,000. The residual value is $3,000 with an expected life of ten years. Assuming twice the straight-line rate, can you prepare a depreciation schedule for the first 2 years? Bianca used the declining-balance method. Year Cost Book Value Beginning Of Year Depreciation Expense Accumulated Book Value End Depreciation Of Year 1 $ 30,000 2 60 $ 30,000