Tamarisk, Inc. acquires a delivery truck at a cost of $52,000 on January 1, 2022. The truck is expected to have a salvage value of $11,000 at the end of its 10-year useful life.

Compute annual depreciation for the first and second years using the straight-line method.

		Year 1		Year 2
Annual depreciation expense		$enter annual depreciation expense amount in dollars		$enter annual depreciation expense amount in dollars