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 $286,000. The machine is expected to last five years and have a salvage value of $43,000. Exercise 10-11 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 0 Depreciation Expense Year Annual Depreciation X Fraction of Year First year Second year