Declining Balance Depreciation Irons Delivery Inc. purchased a new delivery truck for $42,800 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 depreciation expense for 2023 and 2024. If an amount box does not require an entry, leave it blank