Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] On April 1, Cyclone's Co. purchases a trencher for $320,000. The machine is expected to last five years and have a salvage value of $60,000. Exercise 8-11 Straight-line, partial-year depreciation LO C2 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 x Fraction of Year Depreciation Expense First year x Second year