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Your answer is incorrect. Flint Company acquires a delivery truck at a cost of $ 4 4 , 0 0 0 on January 1 ,

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Your answer is incorrect.
Flint Company acquires a delivery truck at a cost of $44,000 on January 1,2022. The truck is expected to have a salvage value of
$2,750 at the end of its 4-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.
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