Accounting Help: On April 1 , Cyclone Company purchases a trencher for $ 296,000 . The machine is

On April 1 , Cyclone Company purchases a trencher for $ 296,000 . The machine is expected to last five years and have a salvage value of $ 48,000 . Exercise 1 0 - 1 2 ( Algo ) Double - declining - balance, partial - year depreciation LO C 2 Compute depreciation expense at December 3 1 for both the first year and second year assuming the company uses the double - declining - balance method.

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