West Coast Tours runs boat tours along the west coast of British Columbia. On March 5, 2023, it purchased, with cash, a cruising boat for $900,000, having a useful life of 10 years or 16,800 hours, with a residual value of $228,000. The company's year-end is December 31. Required: Calculate depreciation expense for the fiscal years 2023, 2024, and 2025 by completing a schedule. (Note: Depreciation is calculated to the nearest month. Assume actual hours of service were: 2023,840;2024,1,900;2025,1,655.)