Question: Current Attempt in Progress Oriole Ltd . purchased a delivery truck on May 1 , 2 0 2 1 , at a cost of $

Current Attempt in Progress
Oriole Ltd. purchased a delivery truck on May 1,2021, at a cost of $80,640. The truck is expected to have a residual value of $7,930 at the end of its 4-year useful life. Oriole has a December 31 year end. Calculate the depreciation expense using the diminishing-balance method for 2021 and 2022. Assume the depreciation rate is equal to one time the straight-line rate. (Round answers to 0 decimal places, e.g.5,275.)
Depreciation expense
2021$
2022$
Current Attempt in Progress Oriole Ltd. purchased a delivery truck on

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