Required information The following information applies to the questions displayed below. On April 1. Cyclone Co. purchases a trencher for $280,000. The machine is expected to last five years and have a salvage value of $40,000. Compute depreciation expense at December 31 for both the first year and second year assuming the company uses the straight-line method Choose Numerator: Choose Denominator: = Annual Depreciation Annual depreciation Year Annual Depreciation Fraction of Year - Depreciation Expense First year Second year