What is the cost of the oven for decline in value purposes, Taxation

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What is the cost of the oven for decline in value purposes

Problem

Brenda purchased an oven for her rental property. She paid $1,200 for the oven on 24 June 2021. It was installed on 12 July 2021 and she paid an additional $200 for the installation. What is the cost of the oven for decline in value purposes and in what year will she commence claiming the decline in value?

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Taxation: What is the cost of the oven for decline in value purposes

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Taxation: What is the cost of the oven for decline in value purposes

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