Required information The following information applies to the questions displayed below On April 1, 2016, Cyclone's Backhoe Co. purchases a trencher for $296,000. The machine is expected to last five years and have a salvage value of $48,000 Compute depreciation expense for both years ending December 2016 and 2017 assuming the company uses the straight-line method Choose Numerator:Choose Denominator:Annual Depreci Annual depreciation Fraction of Year Depreciation Year Annual Depreciation x 2016 2017 xpense