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Help Required information [The following information applies to the questions displayed below.] On April 1. Cyclone Company purchases a trencher for $316,000. The machine is

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Required information [The following information applies to the questions displayed below.] On April 1. Cyclone Company purchases a trencher for $316,000. The machine is expected to last five years and have a salvage value of $58,000 Compute depreciation expense at December 31 for both the first year and second year assuming the company uses the doubledeclining-balance method. (Enter all amounts as positive values.)

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