Q5 9-7 Calculating depreciation-double-declining-balance LO2 Patty's Pies acquired a delivery truck on January 1, 2017, for $86,000. It is expected to last five years and then sell for about $16,000. Calculate depreciation for each year of December 31. the truck's life using the double-declining balance method. Patty's Pies year-end is Annual rate of depreciation = Depreciation for the Period Year Beginning of Period Book Depreciation Value Depreciation Rate Expense 2017 2018 2019 2020 2021