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Problem 9-5A Calculating depreciation-partial periods LO2, 3 West Coast Tours runs boat tours along the west coast of British Columbia. On March 5, 2020, it
Problem 9-5A Calculating depreciation-partial periods LO2, 3 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 $846,000, having a useful life of 10 years or 12,900 hours, with a residual value of $201.000. The company's year-end is December 31. Skipped 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, 750; 2021, 1,810; 2022, 1,565.) og Depreciation Method Straight-Line Double-Declining Balance Units of Production Print Year References 2020 2021 2022
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