! Required information (The following information applies to the questions displayed below.) On April 1, 2017. Cyclone's Backhoe Co. purchases a trencher for $280,000. The machine is expected to last five years and have a salvage value of $40,000. 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.) Depreciation for the Period Beginning of Partial Depreciation Period Book Rate Year Value Annual Period End of Period Accumulated Depreciation Book Value Depreciation Expense $ 0 $ 0 2017 2018 $ 0 s 0