On April 1, 2014, Cyclones Backhoe Co. purchases a trencher for $296,000. The machine is expected to last five years and have a salvage value of $41,000.

Compute depreciation expense for both years ending December 2014 and 2015 assuming the company uses the double-declining-balance method Double-declining-balance, partial-year depreciation Depreciation for the period End of period

Annual Period	Beginning of Period Book Value	Depreciation Rate	Partial Year	Depreciation Expense	Accumulated Depreciation	Book Value
2014					$	$
2015					$	$