24 3.57 noints Required information Use the following information for the Exercises below. (Algo) (The following information applies to the questions displayed below) On April 1, Cyclone Company purchases a trencher for $289,000. The machine is expected to last five years and have a salvage value of $44,000. Goal Hint Exercise 8-11 (Algo) Straight-line, partial-year depreciation Lo C2 Compute depreciation expense at December 31 for both the first year and second year assuming the company uses the straight-line method. Print o Choose Numerator Choose Denominator: References Annual Depreciation Annual depreciation Year Annual Depreciation Fraction of Year Depreciation Expense - First year Second year