Required information (The following information applies to the questions displayed below.) On April 1, Cyclone's Co. 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 the first and second year assuming the company uses the straight-line method. Choose Numerator: Choose Denominator: Annual Depreciation Annual depreciation Year Annual Depreciation X Fraction of Year Depreciation Expense First year Second year Required information The following information applies to the questions displayed below.) On April 1, Cyclone's Co. 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 double- declining balance method. (Enter all amounts as positive values.) End of Period Depreciation for the Period Beginning of Period Book Depreciation Partial I Rate Year Annual Period Depreciation Expense Accumulated Depreciation Book Value Value Year 1 Year 2