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Problem 9 - 5 A Calculating depreciation partial periods LO 2 , 3 West Coast Tours runs boat tours along the west coast of British
Problem A Calculating depreciationpartial periods LO
West Coast Tours runs boat tours along the west coast of British Columbia. On March it purchased, with cash, a cruising boat for $ having a useful life of years or hours, with a residual value of $ The companys yearend is December
Required:
Calculate depreciation expense for the fiscal years and by completing a schedule. Note: Depreciation is calculated to the nearest month. Assume actual hours of service were: ; ;
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