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Blossom Ltd. purchased a delivery truck on January 1,2021, at a cost of $84,480. The truck is expected to have a residual value of $7,570 at the end of its 4 -year useful life. Blossom has a December 31 year end. Use the diminishing-balance method and assume the depreciation rate is equal to double the straight-line rate. (a) Calculate the depreciation for each year of the truck's life. (Round answers to O decimal places, eg. 5,275.)

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User Modou
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User BladeBarringer
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