5 of 12 -/1 View Policies Current Attempt in Progress Metlock, Inc. acquires a delivery truck at a cost of $77,000. The truck is expected to have a salvage value of $7,000 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. Year Annual depreciation expense $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit