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On April 1, 2016, Cyclone's Backhoe Co. purchases a trencher for $294,000. The machine is expected to last five years and have a salvage value of $47,000. Compute depreciation expense for both years ending December 2016 and 2017 assuming the company uses the straight-line method.

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On April 1, 2016, Cyclone's Backhoe Co. purchases a trencher for $294,000. The machine is expected t...

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