What is the depreciation expense in year 2 for the oven

Reference no: EM13267079

Whole Food, the world's leader in natural and organic foods, has more than 310 stores and 62,000 employees in North America and the United Kingdom. A new store is being built in San Antonio, Texas, at the Vinyard shopping center. A commercial oven for $7,985 with a 5-year life and residual value of $1,100 was purchased for the store. What is the depreciation expense in year 2 for the oven? Use the straight-line method.

Reference no: EM13267079

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