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Required Informatlon The following Information applies to the questions displayed below.] On April 1, 2016, Cyclone's Backhoe Co. purchases a trencher for $286,000. The machine

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Required Informatlon The following Information applies to the questions displayed below.] On April 1, 2016, Cyclone's Backhoe Co. purchases a trencher for $286,000. The machine is expected to last five years and have a salvage value of $43,000. Compute depreciation expense for both years ending December 2016 and 2017 assuming the company uses the double-declining- balance method. (Enter all amounts positlve values.) Depreciation for the Period End of Period Beginning of Depreciation Period Book Partial Depreciation Accumulated Expense Depreciation Book Value nnual Period P Rate Year Value 2016 40% 9/12 2017 40% 12/12

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