Question: Exercise 8 - 9 (straight-line, partial-year depreciation) Chapter 8 Wild 4th Edition: On April 1, 2012, Cyclone's Backhoe Co. purchase a trencher for $280,000. The

Exercise 8 - 9 (straight-line, partial-year depreciation) Chapter 8 Wild 4th Edition:

On April 1, 2012, Cyclone's Backhoe Co. purchase a trencher for $280,000. The machine is expected to last 5 years and have a salvage value of $40,000. Compute depreciation expense for both 2012 and 2013 assuming the company uses the straight-line method.

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