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Please complete the tables Required information [The following information applies to the questions displayed below.] On April1, Cyclone Company purchases a trencher for $280,000. The

Please complete the tables
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Required information [The following information applies to the questions displayed below.] On April1, Cyclone Company purchases a trencher for $280,000. The machine is expected to last five years and have a salvage value of $40,000. Compute depreciation expense at December 31 for both the first year and second year assuming the company uses the straight-line method. Required information [The following information applies to the questions displayed below] On April 1, Cyclone Company purchases a trencher for $280,000. The machine is expected to last five years and have a salvage value of $40,000. Compute depreclation expense at December 31 for both the first year and second year assuming the company uses the doubledeclining-balance method. Note: Enter all amounts as positive values

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