Hels Save A E Check my w 5 5 Part 2 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 $302,000. The machine is expected to last five years and have a salvage value of $51000 2 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 10 H Chace Numerator Choose Denominator: Estimated site years) Print Costus sava $ 302.000 Annual Depreciation Annual depreciation 5 50.400 Depreciation Expense Fraction of Year Yee Fulyar Second year A Depreciation $ 80,400 5 60,400 9/12 122