Required information The following information applies to the questions displayed below] On April 1, 2017, Cyclone's Backhoe Co. purchases a trencher for $300,000. The machine is expected to last five years and have a salvage value of $50,000 Compute depreciation expense for both years ending December 2017 and 2018 assuming the company uses the straight line method Choose Numerator:Choose Denominator:Annual Depreciation Annual depreciation Year Annual DepreciationxFraction of YearDepreciation Expense 2017 2018