! Required information [The following information applies to the questions displayed below.] On April 1, Cyclone Company purchases a trencher for $316,000. The machine is expected to last five years and have a salvage value of $58,000. 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 End of Period Annual Period Beginning of Period Book Depreciation Rate Partial Depreciation Year Expense Accumulated Depreciation Book Value Value Year 1 Year 2 $ 0 $ 0 $ 0 $ 0