Required information The following information applies to the questions displayed below) On April 1, 2016. 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 2016 and 2017 assuming the company uses the straight-line method Choose Numerator: Choose Denominator: = Annual Depreciation Annual depreciation Fraction of Year ! Year Annual Depreciation 2016 Depreciation Expense