On April 1, 2014...

On April 1, 2014, Cyclone's Backhoe Co. purchases a trencher for $300,000. The machine is expected to last six years and have a salvage value of $30,000. Compute depreciation expense for both years ending December 2014 and 2015 assuming the company uses the straight-line method. Straight-line, partial-year depreciation Choose Numerator: Choose Denominator: Annual Depreciation 1 = Annual depreciation = Year Annual Depreciation Fraction of Year Depreciation Expense 2014 2015 X