Required information [The following information applies to the questions displayed below.) On April 1, Cyclone's Co. purchases a trencher for $312,000. The machine is expected to last five years and have a salvage value of $56,000. 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.) Depreciation for the Period Depreciation Partial Depreciation Rato Year Expense Beginning of Period Book Value End of Period Accumulated Book Value Depreciation Annual Period Year 1 Year 2