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On April 1,2016. ,Cyclone s Backhoe Co purchases a trencher for 296.000. The machine is excepted to last five years and have a salvage value

On April 1,2016. ,Cyclone s Backhoe Co purchases a trencher for 296.000. The machine is excepted to last five years and have a salvage value of 48.000 $. Compute depreciation expense for both years ending 2016 and 2017 assuming the company uses the straight line method.

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