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Whispering Winds company acquires a delivery truck at a cost of $59.000 on January 1, 2022 The truck is expected to have a salvage value

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Whispering Winds company acquires a delivery truck at a cost of $59.000 on January 1, 2022 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 1 Year 2 Annual depreciation expense S

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