View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect Blossom Ltd. purchased a delivery truck on May 1, 2021, at a cost of $82,440. The truck is expected to have a residual value of $7,840 at the end of its 4-year useful life. Blossom has a December 31 year end. Calculate the depreciation expense using the diminishing- balance method for 2021 and 2022. Assume the depreciation rate is equal to one time the straight-line rate: (Round answers to 0 decimal places, e.g. 5,275) 2021 $ Depreciation expense 12433 2022 $ eTextbook and Media Save for Later 74600 Attempts: 2 of 3 used Submit