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Required information [ The following information applies to the questions displayed below. ] On April 1 , 2 0 1 7 , Cyclone's Backhoe Co

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Required information
[The following information applies to the questions displayed below.]
On April 1,2017, Cyclone's Backhoe Co. purchases a trencher for $314,000. The machine is expected to last five years and have a salvage value of $57,000.
Compute depreciation expense for both years ending December 2017 and 2018 assuming the company uses the double-declining-balance method. (Enter all amounts as positive values.)
\table[[,Depreciation for the Period,End of Period],[Annual Period,\table[[Beginning of],[Period Book],[Value]],\table[[Depreciation],[Rate]],\table[[Partial],[Yeal]],\table[[Depreciation],[Expense]],\table[[Accumulated],[Depreciation]],Book Value,],[2017,,,,,,0,$
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