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Question 8 View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. Cullumber Chemicals Company acquires a delivery truck at a cost of $40,300 on January 1, 2022. The truck is expected to have a salvage value of $4,100 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. Second Year Annual depreciation under declining-balance methods eTextbook and Media Assistance Used e Textbook Save for Later Last saved 1 second ago. Attempts: unlimited Submit Answer Assignment sent to Gradebook. Your grade is being recorded. Mon, Apr 20, 2020, 9:16:43 PM (America/Chicago-05:00) Ne Previous