Question 2 Sandhill Ltd. purchased a delivery truck on January 1, 2018, at a cost of $80,640. The truck is expected to have a residual value of $7,380 at the end of its 4-year useful life. Sandhill has a December 31 year end. Use the diminishing-balance method and assume the depreciation rate is equal to double the straight-line rate. Calculate the depreciation for each year of the truck's life. (Round answers to o decimal places, e.g. 5,275.) Depreciation expense 2018 69 2019 69 2020 69 2021 69 Calculate the depreciation in total over the truck's life. Total depreciation expenset