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On April 1, 2014, Cyclone's Backhoe Co. purchases a trencher for $280,000. The machine is expected to last five years and have a salvage value

On April 1, 2014, Cyclone's Backhoe Co. purchases a trencher for $280,000. The machine is expected to last five years and have a salvage value of $40,000. Compute depreciation expense for both 2014 and 2015 assuming the company :

A) uses the straight-line method.

B) uses the double-declining-balance method.

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