View Policies Current Attempt in Progress Flint Express acquires a delivery truck at a cost of 42,000. The truck is expected to have a residual value of 2,000 at the end of its 4- year useful life. Assuming the declining balance depreciation rate is double the straight line rate compute annual depreciation for the first and second years under the declining-balance method Year 1 Year 2 Annual depreciation under the declining balance method eTextbook and Media Save for Later Attempts: unlimited Submit