Pina Colada Company acquires a delivery truck at a cost of $43,000 on January 1, 2022. The truck is expected to have a salvage value of $6,000 at the end of its 8-year useful life. Compute annual depreciation expense for the first and second years using the straight-line method. Annual depreciation expense Save for Later Year 1 Year 2 Attempts: 0 of 1 used Submit Answer