On April 1, 2017, Cyclone's Backhoe Co. purchases a trencher for $288,000. The machine is expected to last five years and have a salvage value of $44,000. Exercise 8-11 Straight-line, partial-year depreciation LO C2 Compute depreciation expense for both years ending December 2017 and 2018 assuming the company uses the straight-line method. Choose Numerator: Choose Denominator: = = Annual Depreciation Annual depreciation Annual Depreciation X F raction of Year - Depreciation Expenso Year 2017 2018