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On April $1,$ Cyclone Company purchases a trencher for $$298,000.$ The machine is expected to last five years and have a salvage value of $$49,000.$

ompute depreciation expense at December $31$ for both the first year and second year assuming the company uses the straight$-$line ethod.

$\backslash$table$[[$Choose Numerator:,I,Choose Denominator:,$=,$Annual Depreciation$],[,,,,,$Annual depreciation$],[,,,,,],[$Year$,$Annual Depreciation,$,$Fraction of Year,$=,$Depreciation Expense$],[$First year,,$,,=,],[$Second year,,$,,,]]$