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On October 1, Organic Farming purchases wind turbines for $140,000. The wind turbines are expected...

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Accounting

On October 1, Organic Farming purchases wind turbines for $140,000. The wind turbines are expected to last six years, have a salvage value of $20,000, and be depreciated using the straight-line method. 1. Compute depreciation expense for the last three months of the first year. 2. Compute depreciation expense for the second year. 1. Straight-line depreciation for the last three months of the first year 2. Straight-line depreciation for the second year
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On October 1 , Organic Farming purchases wind turbines for $140,000. The wind turbines are expected to last six years, have a salvage value of $20,000, and be depreclated using the stralght-line method. 1. Compute depreciation expense for the last three months of the first year. 2. Compute depreciation expense for the second yeaf

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