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West Coast Touho runs boat tours along the West Coast of British Columbia. On March 5, 2020, it purchased, with cash, a cruising boat for

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West Coast Touho runs boat tours along the West Coast of British Columbia. On March 5, 2020, it purchased, with cash, a cruising boat for $828,000, having a useful life of 10 years or 13,250 hours, with a residual value of $192,000. 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, 720 2021,1,780, 2022, 1535) Depreciation Method Double Declining Suwight Line Balance Year Units of Production 2020 2021 2022 On January 2, 2018, Country Lumber Installed a computerized machine in its factory at a cost of $168,000. The machine's useful life was estimated at four years or a total of 190,000 units with a $35,000 trade-In value. Country Lumber's year-end is December 31. Calculate depreciation for each year of the machine's estimated useful life under each of the following methods a. Straight-line b. Double-declining-balance c. Units-of-production, assuming actual units produced were: Year Units 2018 39,900 2019 43,550 2020 54,200 2021 72, eee Answer is complete but not entirely correct. Year a. Straight- Line S 33,250ls 2018 2019 s 2020 b. Double- Declining- c. Units-of Balance Production 53,000 Xs 27,930 63,600 X s 30.485 63.600 XS 37,940 S 36.645 180 200 S 133,000 33,250 ls 33.250ls 33,250 133.000 S 2021 S Total S

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