I would reflex the bow to about 4 inches
I cant see the cracks to make a judgement,, I am guessing the wood is a little green and the checks will be ok with sinew over them,, but just a guess,,
since everyone has a different idea of what a layer is,, I'm not quite sure what to tell you,, I think someone will chime in with a way to describe how much to put on,, as some put it on all at once and others layer,,