Use the following information for the Exercises below. [The following information applies to the questions displayed below) On April t. Cyclone's Co purchases a trencher for $300,000. The machine is expected to last five years and have a Salvage value of $50,000 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 Fraction of Year Depreciation Expense Fiesta Second year