Given Data: \begin{tabular}{lcr|} Cost of boat & $ & 828,000 \\ Expected useful life (years) & & 10 \\ \hline Expected number of hours to be used & 13,250 \\ Estimated residual value. & $ & 192,000 \\ \hline Date purchased & March 5, 2020 \end{tabular} Depreciation is calculated using the half-year convention \begin{tabular}{|c|r|} \hline Year & ActualHoursUsed \\ \hline 2020 & 720 \\ \hline 2021 & 1,780 \\ \hline 2022 & 1,535 \\ \hline \end{tabular} (Note: The table required by the problem appears at the bottom of this page) STRAIGHT-LINE DEPRECIATION Calculation of cost to be depreciated: Cost of boat Less: Estimated residual value Cost to be depreciated Calculation of depreciation rate: Divide by: Expected useful life (years) Annual rate Times: Adjustment for half-year rule Rate for 2017 DOUBLE-DECLINING BALANCE DEPRECIATION Calculation of depreciation rate: Divide by: Expected useful life (years) Times: Adjustment for half-year rule Rate for 2017 UNITS-OF-PRODUCTION DEPRECIATION: Calculation of depreciation expense per unit. Summary Table Required by