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Check Use the following information for the Exercises below. The following information applies to the questions displayed below. On April 1, 2016, Cyc lone's Backhoe
Check Use the following information for the Exercises below. The following information applies to the questions displayed below. On April 1, 2016, Cyc lone's Backhoe Co purchases a trencher for $284,000. The machine is expected to last five years and have a salvage value of $42,000. Exercise 10-11 Straight-line, partial-year depreciation LO C2 Compute depreciation expense for both years ending December 2016 and 2017 assuming the company uses the straight-line method. Annual Choose Numerator: Choose Denominator: Annual depreciation Depreclation Year Annual Depreciation x 2016 2017 Fraction of Year
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