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Help Sav Required information The following information applies to the questions displayed below) On April 1, 2017, Cyclone's Backhoe Co purchases a trencher for $280,000. The machine is expected to last five years and have a salvage value of $40,000. 22 Compute depreciation expense for both years ending December 2017 and 2018 assuming the company uses the double declining balance method. (Enter all amounts as positive values.) Annual Period Beginning of Period Book Value Depreciation for the Period Depreciation Partial Rate Year Depreciation Expense End of Period Accumulated Book Value Depreciation $ 0 2017 2018