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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

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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 $930,000, having a useful life of 10 years or 11.450 hours, with a residual value of $243,000. 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 using half year convention. Assume actual hours of service were: 2020, 890: 2021, 1950; 2022, 1705) Depreciation Method D ouble-Declining Year Straight United Production - 2020 2021 2022

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