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View Policies Current Attempt in Progress Larkspur Chemicals Company acquires a delivery truck at a cost of $20,200 on January 1, 2017. The truck is expected to have a salvage value of $4,200 at the end of its 4-year useful life. Compute annual depreciation for the first and second years using the straight-line method. (Round answers to decimal places, e.g. 125.) t First Year Second Year Annual depreciation under straight-line method $