On April 1, Cyclone Company purchases a trencher for $300,000, The machine is expected to last five years and have a salvage value of $50,000. Compute depreciation expense at December 31 for both the first year and second year assuming the company uses the straight-line method. Choose Numerator: Choose Denominator: = Annual Depreciation = Annual depreciation = Year Annual Depreciation xx Fraction of Year = Depreciation Expense First year xx = Second year xx =