Chec Required information [The following information applies to the questions displayed below.) On April 1, Cyclone's Co. purchases a trencher for $312,000. The machine is expected to last five years and have a salvage value of $56,000. Compute depreciation expense at December 31 for the first and second year assuming the company uses the straight-line meth- Choose Numerator: Choose Denominator: Annual Depreciation Annual depreciation 0 Depreciation Expense Fraction of Year Year Annual Depreciation First year Second year Next > HE Prey 5 of 9