Alberto bought a wood¬ burning oven for his pizza restaurant for $30,000 on 1 January 20X0. At that time he believed that the oven’s useful life would be 20 years after which it would have no value. On 1 January 20X3, Alberto revises his estimations: he now believes that he will use the oven in the business for another 12 years after which he will be able to sell it second¬hand for $1,500. What is the depreciation charge for the year ended 31 December 20X3?
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the question is Same type as above image
sorry for not solving the actual sum , I am at 10th only and I do not have enough knowledge to solve these kind of sum ,sorry
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