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On october organic farming purchases wind turbines

01/05/2021 Client: muhammad11 Deadline: 2 Day

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.

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