Erin's bistro purchases a commercial oven costs $2,100. She plans to use the oven for 8 years, at which point it will ha

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Erin S Bistro Purchases A Commercial Oven Costs 2 100 She Plans To Use The Oven For 8 Years At Which Point It Will Ha 1 (9.69 KiB) Viewed 21 times

Erin's bistro purchases a commercial oven costs $2,100. She plans to use the oven for 8 years, at which point it will have a salvage value of $350. What would be the depreciation charge and book value after 4 years of use using double declining balance depreciation? Depreciation allowance: $ $ Book value: Carry all interim calculations to 5 decimal places and then round your final answers to 2 decimal places. The tolerance is £5.00.