Question 6 of 12 View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. 0/4 E Monty Company acquires a delivery truck at a cost of $58,000 on January 1, 2022. The truck is expected to have a salvage value of $2,000 at the end of its 5-year useful life. Assuming the declining balance depreciation rate is double the straight-line rate, compute annual depreciation for the first and second years under the declining-balance method Annual depreciation expense eTextbook and Media Safor Late Year 1 22430 Year 2 21400 Attente 6 of 5usef