Question 4 Pharoah Pants Company acquires a delivery truck on April 6, 2017, at a cost of $43,350. The truck is expected to have a residual value of $5,570 at the end of its 4-year useful life. Assume that the company has a policy of recording a half-year's depreciation in the year of acquisition and a half-year's depreciation in the year of disposal. Using the double diminishing-balance method, calculate the depreciation expense for each year of the equipment's life. (Round depreciation rate to 2 decimal places for all calculations, e.g. 33.33% and round answers to o decimal places, e.g. 5,276.) Depreciation - 2017 $ Depreciation - 2018 $ Depreciation - 2019 $ Depreciation - 2020 $