Question 3 View Policies Current Attempt in Progress Sheridan Chemicals Company acquires a delivery truck at a cost of $27.200 on January 1, 2022. The truck is expected to have a salvape value of $4,300 at the end of its 5-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 $