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Whispering Winds Corp. acquires a delivery truck at a cost of $51,000 on January 1 , 2022. The truck is expected to have a salvage

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Whispering Winds Corp. acquires a delivery truck at a cost of $51,000 on January 1 , 2022. The truck is expected to have a salvage value of $2,900 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 decliningbalance method

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