Required information [The following information applies to the questions displayed below.] On April 1, Cyclone Company purchases a trencher for $286,000. The machine is expected to last five years and have a salvage value of $43,000. Compute depreciation expense at December 31 for both the first year and second year assuming the company uses the straight-line method. Choose Numerator: Year First year Second year Annual Depreciation 1 1 1 X X X Choose Denominator: Fraction of Year = = = = Annual Depreciation Annual depreciation Depreciation Expense +

Required information [The following information applles to the questions displayed below.] On April 1, Cyclone Company purchases a trencher for $286,000. The machine is expected to last five years and have. a salvage value of $43,000. Compute depreciation expense at December 31 for both the first year and second year assuming the company uses the straight-line hethod