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 $840,000, having a useful life of 10 years or 21,400 hours, with a residual value of $198,000. 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, 740; 2021,1.800; 2022, 1,555.) Depreciation Method Double Declining Straight Line Balance Year Units-of Production 2020 2021 2022