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Required information [ The following information applies to the questions displayed below. ] h April 1 . Cyclone Company purchases a trencher for $ 2
Required information
The following information applies to the questions displayed below.
h April Cyclone Company purchases a trencher for $ The machine is expected to last five years and have a salvage value of $
Compute depreciation expense at December for both the first year and second year assuming the company uses the doubledecliningbalance method.
Note: Enter all amounts as positive values.
tableAnnual Period,Depreciation for the Period,End of PeriodtableBeginning ofPeriod BookValuetableDepreciationRatePartial Year,tableDepreciationExpenseYear $$Year IIII,$$
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