Crane Ltd. purchased a delivery truck on January 1, 2021, at a cost of $83,920. The truck is expected to have a residual value of $8,070 at the end of its 4-year useful life. Crane has a December 31 year end. Use the diminishing-balance method and assume the depreciation rate is equal to double the straight-line rate.

Calculate the depreciation for each year of the trucks life. (Round answers to 0 decimal places, e.g. 5,275.)

		Depreciation expense
2021		$enter a dollar amount
2022		$enter a dollar amount
2023		$enter a dollar amount
2024		$enter a dollar amount

Calculate the depreciation in total over the trucks life.

Total depreciation expense

$enter total depreciation expense in dollars