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Required Information [The following information applies to the questions displayed below. On April 1. Cyclone's Co. purchases a trencher for $298.000. The machine is expected

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Required Information [The following information applies to the questions displayed below. On April 1. Cyclone's Co. purchases a trencher for $298.000. The machine is expected to last five years and have a salvage value of $49.000. 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 Fraction of Year Depreciation Expense First year Second year

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