(Answered) Question - on april 1st 2012 cyclones backhoe co purchases

Accounting

Question - On April 1st 2012, cyclones backhoe co, purchases a trencher for 350,000. The machine is expected to last five years and has a salvage value of 35,000.

Compute depreciation expense for both 2012 and 2013 assuming the company uses the straight line method.

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