QS 10-9 (Algo) Straight-line, partial-year depreciation LO C2 On October 1, Organic Farming purchases wind turbines for $320,000. The wind turbines are expected to last six years, have a salvage value of $38,000, 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

QS 10-9 (Algo) Straight-line, partial-year depreciation LO C2 On October 1, Organic Farming purchases wind turbines for $320,000. The wind turbines are expected to last six years, have a salvage value of $38,000, and be depreciated using the straight-line method. 1. Compute depreciation expense for the last three months of the flist year. 2. Compute depreciation expense for the second year