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Required information

Use the following information for the Exercises below. $($Algo$)$

$[$The following information applies to the questions displayed below.$]$

On April $1,$ Cyclone Company purchases a trencher for $$290,000.$ The machine is expected to last five years and have a salvage value of $$45,000.$

Exercise $8-11($Algo$)$ Straight$-$line, partial$-$year depreciation LO C$2$

Compute depreciation expense at December $31$ for both the first year and second year assuming the company uses the straight$-$line method.

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