Question: please help Current Attempt in Progress * Your answer is incorrect. a Blossom Ltd. purchased a delivery truck on May 1, 2021, at a cost

please help Current Attempt in Progress * Your answer is incorrect.

please help

Current Attempt in Progress * Your answer is incorrect. a Blossom Ltd. purchased a delivery truck on May 1, 2021, at a cost of $82,440. The truck is expected to have a residual value of $7,840 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 0 decim ces, eg. 5,275.) Depreciation expense 2021 53653 2022 $ 6A 20120

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