Brief Exercise 9-4 Your answer is incorrect. Try again. Gordon Chemicals Company acquires a delivery truck at a cost of $20,800 on January 1, 2017. The truck is expected to have a salvage value of $3,400 at the end of its 4-year useful life. Compute annual depreciation for the first and second years using the straight-line method. (Round answers to O decimal places, e.g. 125.) First Year Second Year Annual depreciation under straight-line method 5200 3900