On April 1, 2016, Cyclone's Backhoe Co. purchases a trencher for $298,000. The machine is expected to last five years and have a salvage value of $49,000.

Compute depreciation expense for both years ending December 2016 and 2017 assuming the company uses the double-declining-balance method

Depreciation for the Period End of Period Beginning of Depreciation Partial Depreciation Accumulated Annual Period Period Book 2016 2017 Depreciation Book Value RateYear Expense D Value