Ch 8: Homework Sarved Help 5 11 Part 1 of 2 Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) On April 1, Cyclone's Co. purchases a trencher for $302,000. The machine is expected to last five years and have a salvage value of $51,000 5.88 points Book Hint Exercise 8-11 Straight-line, partial-year depreciation LO C2 Compute depreciation expense at December 31 for the first and second year assuming the company uses the straightline method. Print References Choose Numerator: Choose Denominator: Annual Depreciation Annual depreciation 0 Depreciation Expense Year Annual Depreciation X Fraction of Year X First year Second year