Saved Help Sa Required information Use the following information for the Exercises below. The following information applies to the questions displayed below] On April 1, 2016, Cyclone's Backhoe Co purchases a trencher for $290,000. The machine is expected to last five years and have a salvage value of $45,000 Exercise 10-12 Double-declining-balance, partial-year depreciation LO C2 Compute depreciation expense for both years ending December 2016 and 2017 assuming the company uses the double-declining balance method. (Enter all amounts positive values.) End of Period for the Beginning Period Book Depreciation Partial Depreciation |Accumulated |Book Value Expense al Period Rate Year Value 2016 2017