Current Attempt in Progress Sheridan Express acquires a delivery truck at a cost of 76,000. The truck is expected to have a residual value of 6,000 at the end of its 4-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. Attempts: 0 of 3 used Using multiple attempts will impact your score. 15% score reduction after attempt 2