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On April 1, Cyclone Company purchases a trencher for $280,000. The machine is expected to...

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On April 1, Cyclone Company purchases a trencher for $280,000. The machine is expected to last five years and have a salvage value of $40,000 Exercise 8-11 (Static) Straight-line, partial-year depreciation LO C2 Compute depreciation expense at December 31 for both the first year and second year assuming the company uses the straight-line method

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