Required Information The following information applies to the questions displayed below On April 1. Cyclone Co purchases a trencher for $284,000. The machine is expected to last five years and have a salvage value of $42.000 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 of positive values.) Depreciation for the Period Depreciation Partini Rate Year Beginning of Penod Dook Vali 284000 Annual Period End of Period Depreciation Accumulated Expense Depreciation Book Value S 05 0 $ 05 0 Year Year 2