0 Required information The following information applies to the questions displayed below] On April 1, 2017, Cyclone's Backhoe Co purchases a trencher for $284,000. The machine is expected to last five years and have a salvage value of $42,000 Compute depreciation expense for both years ending December 2017 and 2018 assuming the company uses the straight-line method Annual Depreciation Annual depreciation Fraction of Year Depreciation Ex 2017 2018