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 $942,000, having a useful life of 10 years or 13,860 hours with a residual value of $249,000. 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, 910 2021, 1970 2022, 1725) 53.18 Depreciation Method Double-Declining Straight-Line Balance Year Units-of- Production 2020 2021 2022