(Answered) Question - on april 1 2016 cyclones backhoe co purchases a

Accounting

Question - On April 1, 2016, Cyclone's Backhoe Co. purchases a trencher for $282,000. The machine is expected to last five years and have a salvage value of $41,000.

Compute depreciation expense for both years ending December 2016 and 2017 assuming the company uses the straight-line method.

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