Question: Chapter 9 Question 2 of 4 Current Attempt in Progress Your answer is incorrect. 0/1 Blossom Ltd. purchased a delivery truck on May 1, 2021,

Chapter 9 Question 2 of 4 Current Attempt in Progress Your answer is incorrect. 0/1 Blossom Ltd. purchased a delivery truck on May 1, 2021, at a cost of $77,160. The truck is expected to have a residual value of $8,680 at the end of its 4-year useful life. Blossom has a December 31 year end. Calculate the depreciation expense using the diminishing- balance method for 2021 and 2022. Assume the depreciation rate is equal to one time the straight-line rate. (Round answers to O decimal places, eg. 5,275.) 2021 $ Depreciation expense 2022 $

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