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! Required information [ The following information applies to the questions displayed below. ] On April 1 , Cyclone Company purchases a trencher for $

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[The following information applies to the questions displayed below.]
On April 1, Cyclone Company purchases a trencher for $288,000. The machine is expected to last five years and have a salvage value of $44,000.
Compute depreciation expense at December 31 for both the first year and second year assuming the company uses the straight-line method.
\table[[Choose Numerator:,Choose Denominator:,=,Annual Depreciation,],[,,',,=,Annual depreciation],[,,,,=,],[Year,Annual Depreciation,,Fraction of Year,=,Depreciation Expense],[First year,,,,=,],[Second year,,,,=,]]
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