NEED HELP ASAP :(((

A draw bench for precision forming and strengthening of carbon steel tubing has a cost of $1,060,000. It will have a salvage value of $60,000 after a useful life of 10 years. Parta Using the formulas, determine the depreciation charge for year 8 and the book value at the end of year 8 if straight-line depreciation is used. Depreciation $ charge: Book value: $ Carry all interim calculations to 5 decimal places and then round your final answers to a whole number. The tolerance is 1. Attempts: 0 of 4 used Part b The parts of this question must be completed in order. This part will be available when you complete the part above