The German Bakery purchased a new oven for $86,000. The freight charges were $1,600 and installation amounted to $2,000. The oven is expected to last four years and have a salvage value of $6,600. Using the straight-line method of depreciation, prepare a depreciation schedule for this oven.
German Bakery
Depreciation Schedule
Straight-line Method
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$20,750; $20,750;...
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