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Your answer is incorrect. Blossom Chemicals Company acquires a delivery truck at a cost of $35,800 on January 1, 2022. The truck is expected to have a salvage value of $4,000 at the end of its 5-year useful life. Compute annual depreciation for the first and second years using the straight-line method. First Year Second Year Annual depreciation under straight-line method $ e Textbook and Media Attempts: 3 of 4 used