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Hello, please give unknown values. West Coast Tours runs boat tours along the west coast of British Columbia. On March 5, 2020, it purchased, with
Hello, please give unknown values.
West Coast Tours runs boat tours along the west coast of British Columbia. On March 5, 2020, it purchased, with cash, a cruising boat for $870,000, having a useful life of 10 years or 18,250 hours, with a residual value of $213,000. The company's year-end is December 31. Required: Calculate depreciation expense for the fiscal years 2020,2021 , and 2022 by completing a schedule. (Note: Depreciation is calculated to the nearest month. Assume actual hours of service were: 2020,790;2021,1,850;2022,1,605
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