Submitted to Gradebook, Mon, Dec 2, 2019, 3:39:25 PM (America/Chicago -06:00) Question 17 --/1 View Policies Current Attempt in Progress Blossom Chemicals Company acquires a delivery truck at a cost of $31,200 on January 1, 2022. The truck is expected to have a salvage value of $4,200 at the end of its 4-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 $