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you have a pizza parlor. Business is great and you decide that you need a 4. Suppose new oven to cook enough pizzas to meet

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you have a pizza parlor. Business is great and you decide that you need a 4. Suppose new oven to cook enough pizzas to meet demand. This oven costs you $165 a salvage value of 10% of the purchase cost. This oven is considered five-year property. Please calculate the first year's depreciation deduction for this oven using both the straight-line and the double declining balance elections. Hint: Don't forget "convention" you remember, half-year! ,000 and has

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