Question
please help this is part 2 of question 2 1 Required information [The following information applies to the questions displayed below.] On April 1, Cyclone's
please help this is part of question
Required information [The following information applies to the questions displayed below.] On April 1, Cyclone's 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 at December 31 for both the first year and second year assuming the company uses the double- declining-balance method. (Enter all amounts as positive values.) Depreciation for the Period Beginning of Depreciation Partial Depreciation Annual Period Period Book Expense Year Rate Value Year 1 Year 2 End of Period Accumulated Book Value Depreciation
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