Required information [The following information applies to the questions displayed below) On April 1, Cyclone's Co, purchases a trencher for $306.000. The machine is expected to last five years and have a salvage value of $53,000 Part 22 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 es positive values.) Depreciation for the Period End of Period Beginning of Depreciation Partia Depreciation Accumulated Annual Period Period Book Rate Year Expense Depreciation Book Value Value Year 1 $ OS 0 Year 2 $ 05 0