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Requiredinformation

Use the following information for the Exercises below. $($Algo$)$

$[$The following information applies to the questions displayed below$]$

On Aprill, Cyclone Company purchases a trencher for $$302,000.$ The machine is expected to last five years and have a salvage value of $$51,000$

Exereise $8-$n $($Algo$)$ Srroighr$-$line, pariat$-$year depreciation LO C$2$

Compute depreciation expense at December $31$ for both the first year and second year assuming the company uses the straightline method.