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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] On April 1. Cyclone Company purchases a trencher for \$282,000. The machine is expected to last five years and have a salvage value of $41,000. Exercise 8-12 (Algo) Double-declining-balance, partial-year depreciation LO C2 Compute depreciation expense at December 31 for both the first year and second year assuming the company uses the doubledeclining-balance method. (Enter oll omounts as positive values.)