Required Information [The following information applies to the questions displayed below. On April 1, 2017, Cyclone's Backhoe Co. purchases a trencher for $302,000. The machine is expected to last five years and have a salvage value of $51,000. points Compute depreciation expense for both years ending December 2017 and 2018 assuming the company uses the straight-line method. obook Choose Numerator: Choose Denominator Annual Depreciation Annual depreciation Annual Depreciation X Fraction of Year Depreciation Expense Year 2017 2018