Patty’s Pies acquired a delivery truck on January 1, 2020,

Patty’s Pies acquired a delivery truck on January 1, 2020, for $86,000. It is expected to last five years and then sell for about $16,000. Calculate depreciation for each year of the truck’s life using the double-decliningbalance method. Patty’s Pies’ year-end is December 31.