Remaining Time: 1 hour, 58 minutes, 53 seconds Question completion Status: A company purchased a truck on October 1 of the current year at a cost of $40,000. The truck is expected to last years and sale of $2,200. The company's annual accounting period ends on December 31 1. What is the depreciation expense for the current year, assuming the straight-line method is used? 2. What is the depreciation expense for the current year, assuming the double-declining balance method is used? For the toolbar, press ALT F10 (PC or ALT+FN+F10 (Mac). I gs Paragraph Arial 10pt v !!! !!!