Pharoah Chemicals Company acquires a delivery truck at a cost of $27,000 on January 1, 2022. The truck is expected to have a salvage value of $3,000 at the end of its 3-year useful life. Compute annual depreciation for the first and second years using the straight-line method.

		First Year		Second Year
Annual depreciation under straight-line method		$enter the depreciation for the first year rounded to 0 decimal places in dollars		$enter the depreciation for the second year rounded to 0 decimal places in dollars