Sheridan Ltd$.$ purchased a delivery truck on January $1,2024,$ at a cost of $$94,000.$ The truck is expected to have a residual value of $$9,400$ at the end its $4-$year useful life. Sheridan has a December $31$ year end. Use the diminishing$-$balance method and assume the depreciation rate is equal to do

$($a$)$

Calculate the depreciation for each year of the truck's life.

$\backslash$table$[[,$Depreciation Expense,$],[2024,$$$,],[2025,$$$,],[2026,$$$,],[2027,$$$,]]$

Question $3$ of $5$

$($b$)$

Calculate the depreciation in total over the truck's life.

Total depreciation expense $

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