Erin's bistro purchases a commercial oven costs $2,900. She plans to use the oven for 7 years, at which point it will have a salvage value of $500. 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. eTextbook and Media Save for Later Attempts: 0 of 1 used Submit