chapter 8

On April 1. Cyclone Co purchases a trencher for $290,000 The machine is expected to last five years and have a salvage value of $45,000 Compute depreciation expense at December 31 for both the first year and second year assuming the company uses the straight-line method Choose Nunerator Choose Denominator: Annual Depreciation Annual depreciation Year Annual Depreciation Fraction of Year Depreciation Expense Flest year Second year